Multiple Choice
Transfer payments are not included in GDP because
A) their market value cannot be accurately determined.
B) they do not generate additional income.
C) they are not purchases of goods or services.
D) their value is included in government expenditure.
Correct Answer:

Verified
Correct Answer:
Verified
Q124: The largest component of GDP is<br>A) gross
Q125: Define gross investment and net investment. Discuss
Q126: The following data describe Mexico's economy in
Q127: The business cycle refers to<br>A) fluctuations in
Q128: Which of the following is NOT part
Q130: According to the BEA, in the second
Q131: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q132: Gross domestic product<br>A) includes all the goods
Q133: Why are only final goods and services
Q134: If we compare the U.S. GDP and