Good day. And sorry if it's a stupid question.
I came across a question on another q&a site earlier today. It was about a hypothetical scenario. The question was if everyone in a nation becomes self-sufficient, would GDP increase. There were answers where the answerers opined that it might actually reduce the GDP. Others had the opposite opinion.
I studied a bit about it and thought any product is counted in GDP. Am I correct?
Would personal produce (consumed by own) be counted in GDP calculation?