A man hires a personal chef (cook) at $60,000 a year for her services. The two fall in love and get married, but the chef (cooking services are still being performed with no explicit payment Suppose that the two divorce after 1 year of mariage, but the man continues to hire the chef for her services at $60.000 a year What amount of the chef (cooking services) is added to GDP after the two divorce?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A man hires a personal chef (cook) at $60,000 a year for her services. The two fall in love and get married, but the chef (cooking) services are still being performed with no explicit payment
Suppose that the two divorce after 1 year of marriage, but the man continues to hire the chef for her services at $60,000 a year.
What amount of the chef (cooking services) is added to GDP after the two divorce?
0
Not enough information provided to answer the question
$120.000
$60.000
Transcribed Image Text:A man hires a personal chef (cook) at $60,000 a year for her services. The two fall in love and get married, but the chef (cooking) services are still being performed with no explicit payment Suppose that the two divorce after 1 year of marriage, but the man continues to hire the chef for her services at $60,000 a year. What amount of the chef (cooking services) is added to GDP after the two divorce? 0 Not enough information provided to answer the question $120.000 $60.000
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