Multiple Choice
After the terrorist attacks on September 11, 2001, governments raised expenditures to increase security at airports. How are these purchases of goods and services treated in GDP?
A) They are not included in GDP since they are not productive.
B) They are not included in GDP since governments will have to raise taxes to pay for them.
C) They are included in GDP since government expenditures are included in GDP.
D) They are included in GDP only to the extent that the federal, but not provincial or local governments, paid for them.
Correct Answer:

Verified
Correct Answer:
Verified
Q144: Which example would affect GDP, as measured
Q145: A wind farm in Manitoba buys a
Q146: Which of the following defines recessions?<br>A) higher
Q147: A country reported a nominal GDP of
Q148: According to research done by Lars Osberg
Q150: What would happen to GDP if the
Q151: Larissa buys and lives in a newly
Q152: Why does expenditure equal income?<br>A) because firms
Q153: A company makes 4,000 solar panels in
Q154: How is gasoline treated in GDP terms?<br>A)