Transfer payments are not part of government expenditure on goods and services because transfer payments
A) are not always spent on goods produced in the U.S.
B) are not predictable given the nature of their appropriation and allocation.
C) do not represent the purchase of a final good or service.
D) The premise of the question is incorrect because transfer payments are part of government purchases of goods and services.
Correct Answer:
Verified
Q107: Which of the following is NOT part
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
Q113: In the national income accounts, government expenditure
Q114: Which of the following items is NOT
Q115: Which one of the following transactions in
Q116: In the national income accounts, government expenditure
Q117: An increase in exports of goods or
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