Multiple Choice
Which of the following is included in GDP as government purchases?
A) Old Age Security pension paid to elderly citizens
B) welfare benefits distributed to the poor
C) outright grants from government to recipients
D) payments to clerical workers hired by government
Correct Answer:

Verified
Correct Answer:
Verified
Q137: Suppose real GDP for a particular year
Q138: Suppose that the economy is in equilibrium,
Q139: Which of the following would be included
Q140: Which of the following would be included
Q141: How is the value of housing services
Q143: Suppose a loaf of bread sold for
Q144: Which of the following statements reflects how
Q145: How is real GDP measured? <br>A) in current-year
Q146: Which of the following is an injection
Q147: Which of the following is an injection