Multiple Choice
Transfer payments are
A) included in GDP because they represent income to individuals.
B) included in GDP because they eventually will be spent on consumption.
C) not included in GDP because they are not payments for currently produced goods or services.
D) not included in GDP because taxes will have to be raised to pay for them.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Which of the following is included in
Q6: Which of the following is included in
Q7: A transfer payment is<br>A)a payment for moving
Q8: Which of the following examples of household
Q9: When a U.S.citizen buys $500 of Chinese-made
Q11: In 2015,U.S.net exports were<br>A)positive and about 3
Q12: In the economy of Talikastan in 2015,consumption
Q13: In the economy of Talikastan in 2015,consumption
Q14: Which of the following is an example
Q15: Consumer goods that are produced,go into inventory,and