Multiple Choice
Which of the following would not be included in GDP as government purchases?
A) The local township repairs the roads.
B) The state government funds a state university.
C) The federal government sends out Social Security checks.
D) The federal government pays a lawyer as a public defender.
E) The state government buys computer time.
Correct Answer:

Verified
Correct Answer:
Verified
Q172: Net exports is the value of<br>A)exports minus
Q173: Use the following data to calculate GDP:
Q174: It is not possible for the government
Q175: A major difference between the CPI and
Q176: A wholesale nursery purchases six dozen gladiolus
Q178: Which of the following is a leakage
Q179: Transfer payments are an injection into the
Q180: An increase in household production will show
Q181: The gross domestic product does capture changes
Q182: If the CPI is 160 one year