Multiple Choice
'Transfer payments' are not included in GDP because:
A) they are not purchases of goods or services.
B) their value is included in government expenditure.
C) they do not generate income.
D) their market value is difficult to measure.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: The 'GDP deflator' is equal to:<br>A)real GDP
Q9: Which of the following issues would be
Q10: If real GDP increases, we know for
Q11: Refer to Table 4.2 for the following
Q12: _ is/are the payment for the factor
Q14: When the Australian Bureau of Statistics (ABS)calculates
Q15: If an increase in crime causes people
Q16: Refer to Table 4.2 for the following
Q17: In an 'underground economy', the production of
Q18: In a small economy, consumption spending in