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    Microeconomics Study Set 2
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    Exam 4: GDP: Measuring Total Production and Income
  5. Question
    Government Spending on Subsidies Is Included in Government Consumption When
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Government Spending on Subsidies Is Included in Government Consumption When

Question 166

Question 166

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Government spending on subsidies is included in government consumption when calculating GDP because it results in the production of new goods and services.

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