Social Security payments are
A) included in GDP because they represent payments for work performed in the past.
B) included in GDP because they represent potential consumption.
C) excluded from GDP because they are not private pensions.
D) excluded from GDP because they do not reflect the economy's production.
Correct Answer:
Verified
Q45: Which of the following items is included
Q59: After the terrorist attacks on September 11,2001,governments
Q74: Net exports equal
A)exports plus imports.
B)exports minus imports.
C)imports
Q77: If a U.S.citizen buys a television made
Q216: A good is produced by a firm
Q218: Consider the following three items of spending
Q219: Government purchases include spending on goods and
Q221: An American soldier stationed in California receives
Q223: In the economy of Wrexington in 2008,exports
Q225: In the economy of Wrexington in 2008,consumption
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents