Multiple Choice
Which of the following is included in government expenditures when measuring GDP?
A) Social Security payments
B) unemployment compensation payments
C) pension payment made to past presidents
D) the current president's salary
Correct Answer:
Verified
Correct Answer:
Verified
Q186: In the calculation of gross domestic product
Q187: In the circular flow diagram, aggregate expenditure
Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q189: An economic expansion rather than a recession
Q190: Net exports of goods and services equal
Q192: GDP counts only final goods and services
Q193: Define and distinguish between final goods and
Q194: In the definition of GDP, "market value"
Q195: Which of the following is included in
Q196: Phases and turning points of the business