Question

An example of an imputed value in the GDP is the:

1. rental services of automobiles to their owners.
2. housing services enjoyed by homeowners.
3. value added of meals cooked at home.
4. value of illegal drugs sold.

Answer 1

2. housing services enjoyed by homeowners

Step-by-step explanation:

Imputed value is an estimated value for an object that is uncertain or inaccessible of the actual value.

The largest expense of the GDP accounts is the value of the services offered by the housing of the owner. The imputation is rendered so that the position in GDP of holders of housing is equal to that of tenants who are rent-paying.