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What have been some justifications given for the historical exclusion of household production from the national accounts?
Some reasons have included:
a. households are not producing economic goods;
b. it's too difficult to differentiate household production from consumption;
c. GDP measures just market production; d; containing household production would make too big of a alter in the accounts.
Your company has a product that it is interested in marketing in a foreign country. Using one of the following Websites, click on a country of your choice to learn about Etiquette,
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