Multiple Choice
Government expenditures for Social Security and unemployment insurance are, for GDP accounting purposes, considered:
A) transfers, and are included in government spending as part of GDP.
B) transfers, and are not included in government spending as part of GDP.
C) purchases, and are included in government spending as part of GDP.
D) purchases, and are not included in government spending as part of GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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