Which of the following is a limitation of GDP when measuring a country's economic performance, particularly regarding household production?

Gross Domestic Product, or GDP, is a way to measure the economic performance of a country by calculating the total value of all goods and services produced. However, one limitation of GDP is that it does not account for household production, which includes valuable activities like cooking, cleaning, and childcare that families do at home. For example, if a parent stays home to care for their children instead of working for pay, that important work is not reflected in GDP figures, even though it contributes significantly to the well-being of society. This means that GDP might underestimate the true economic contributions of families and the overall value of work done outside the formal economy. Therefore, while GDP provides useful information, it does not give a complete picture of a country's economic health when it ignores household production.