Solved

In Computing GDP, It Is Essential to

Question 95

Multiple Choice

In computing GDP, it is essential to


A) include government transfer payments.
B) include government tax revenues.
C) avoid double counting.
D) count all intermediate products directly as they are produced.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q90: Gross domestic product is the
A)total amount that

Q91: Transfer payments
A)refer to payments made by the

Q92: -In the above</p></div><svg width=

Q93: Choose the BEST statement.
A)GDP equals aggregate expenditure

Q94: The largest component of national income is
A)rental

Q96: In the circular flow of income
A)households demand

Q97: -In the above</p></div><svg width=

Q98: Net investment equals
A)gross investment/depreciation.
B)capital stock minus depreciation.
C)the

Q99: Compared to the other sources of spending,

Q100: An indirect tax is exemplified by
A)a subsidy.
B)a

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents