Respuesta :

Household​ production, such as baking bread at​ home, is not included in GDP because it is not a market transaction.

What transactions are included in GDP?

The total private and public consumption, government expenditures, investments, increases in private inventories, paid-in building expenses, and the foreign balance of trade are all included in the computation of a nation's GDP. (Imports are deducted from the amount while exports are added.)

Moreover, these are intermediate goods that are not included in GDP.

Why are intermediate not included in GDP?

When calculating the gross domestic product, economists do not include intermediary products (GDP). The market worth of all finished products and services generated in the economy is gauged by GDP. These items would be tallied twice, thus they are not included in the computation.

Therefore, baking bread at home is not included in GDP because it is not a market transaction.

For more information on GDP, refer to the following link:

https://brainly.com/question/1152672

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