You have two households that do a standard amount of cooking, cleaning, home maintenance, ect -> no GDP generated.
Each household pays someone from the other household $100/day to come over and do the same cooking, cleaning, and maintenance -> $200K of GDP magically appears out of thin air.
GDP is so meaningless and elusive.
You have two households that do a standard amount of cooking, cleaning, home maintenance, ect -> no GDP generated.
Each household pays someone from the other household $100/day to come over and do the same cooking, cleaning, and maintenance -> $200K of GDP magically appears out of thin air.