Multiple Choice
Transfer payments are included in which category under the expenditure approach to GDP accounting?
A) consumption
B) government purchases
C) net exports
D) Transfer payments are not directly included in GDP calculations.
Correct Answer:
Verified
Correct Answer:
Verified
Q104: Exhibit 11-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 11-1
Q105: Under the expenditure approach to GDP accounting,
Q106: Which of the following is not included
Q107: Which component of current U.S. GDP under
Q108: Which of the following will lead to
Q110: The expenditure approach to GDP accounting includes:<br>A)consumption.<br>B)investment.<br>C)net
Q111: The largest component of consumption expenditures is:<br>A)durables.<br>B)nondurables.<br>C)services.<br>D)residential
Q112: The flour used in the pizza you
Q113: Included in the investment category of GDP
Q114: What is the measure of the income