Question

which of the following does not include in GDP?
i) income of a hotel owner
ii) income of a retail shopkeeper
iii) services of a women in house hold duties​

Answer 1

Answer:

option 3 mark Brainliest

Answer 2

Answer:

The correct option is iii) services of women in household duties.

Explanation:

• The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).
• It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
• Homemaker earnings are not traded on markets and are therefore excluded from GDP. There are no government records for how much work stay-at-home mothers create for their families because they are not given a salary.
• Because the GDP solely accounts for individual incomes, women's services are not included.

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