In this threaded discussion, complete the following: 

1. Begin your discussion with a definition of Gross Domestic Product.  Be sure to include a definition of GDP and a statement of the size of GDP in the most recent year for the United States.
2. Locate and incorporate outside research that gives evidence and explanation of the value of home production that is not included in GDP. Some areas to research could include watching your own children compared to hiring someone,   doing your own lawn care, fixing your own car, doing your own housework, etc.
3. During the pandemic, many people worked from home and decreased activities in the economy. Do you believe this caused an increase in GDP or a decrease? Explain how you reached this conclusion.
4. Integrate biblical insights into your discussion thread. In what way does scripture influence our decision to work, either in the marketplace or in home production?

(300 word minimum)

Answer rating: 100% (QA)

Gross Domestic Product GDP is a measure of the total economic output produced within a countrys borders in a specific time period It includes the valu... View the full answer