During the pandemic, many people worked from home and decreased activities in the economy. Do you believe this caused an increase in GDP or a decrease? Explain how you reached this conclusion.
Gross Domestic Product “GDP measures the market value of the goods and services a nation produces. Unpaid work that people do for themselves and their families isn’t traded in the marketplace, so there are no transactions to track. Surveys asking people how they spend their time can be used to estimate household production. But the […]