1.Which of the following are not included in GDP? a. A mother taking care of children at home b. Professors teaching at a university c. Strawberries sold in a grocery store d. Economics textbooks sold...

1.Which of the following are not included in GDP?

a. A mother taking care of children at home

b. Professors teaching at a university

c. Strawberries sold in a grocery store

d. Economics textbooks sold in a bookstore

2. Men’s reported happiness has increased relative to women’s reported happiness in the last several decades. __________ (True/False) (Related to Application 3 on page 132.)

3. In Central and South America, the size of the underground economy is __________ percent of GDP.

4. Which of the following are included in GDP?

a. Production of illegal drugs

b. Leisure time.

c. Repairs that a homeowner makes

d. Paid childcare