The legalization of previously illegal activities

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Which, if any, of the following changes is likely to cause reported GDP (real and nominal) to increase when, in fact, total economic production is little changed?

a. A shift from household production to market production.

b. A shift from bartered exchange to market exchange.

c. The legalization of previously illegal activities.

d. All of the above are correct.

e. None of the above is correct.

Reference no: EM13303459

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