Which of the following is NOT part of GDP calculated using the expenditure approach?
A) General Motors' purchases of new capital equipment
B) social security payments made to the elderly
C) expenditures by the federal government for national defense
D) the purchase of new homes by consumers
Correct Answer:
Verified
Q102: Which of the following is included in
Q103: In the computation of GDP, social security
Q104: All of the following are included in
Q105: Which of the following is included in
Q106: Transfer payments
A) refer to all payments made
Q108: To calculate GDP using the expenditure approach,
Q109: Government expenditures included in the expenditures approach
Q110: Transfer payments are not included in GDP
Q111: Net exports is negative if
A) the value
Q112: Transfer payments are not part of government
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