Adam, Jill, and Sasha volunteered to paint at their community center. The center had already purchased the painting materials for the project from the local hardware store last year. The value of the community center's painting project

Question

Social Studies

Jared Anderson

31 July, 12:55

Adam, Jill, and Sasha volunteered to paint at their community center. The center had already purchased the painting materials for the project from the local hardware store last year. The value of the community center's painting project

+3

Answers (1)

Know the Answer?

Makhi Mills · Answer 1

Will not be part of this year's GDP although the productive activities took part in the current year.

Explanation:

Adam, Jill, and Sasha volunteered to paint at their community center. The center had already purchased the painting materials for the project from the local hardware store last year. The value of the community center's painting project will not be part of this year's GDP although the productive activities took part in the current year.

The reason being that the products were purchased last year, i. e. the investment was made in the previous year and therefore it would be part of previous years GDP. The work does not have any financial value therefore it remains unaccounted.