Government spending,including transfer payments,is included in the calculation of GDP.
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Q167: The factor income approach splits GDP into
Q168: The factor income approach splits GDP into
Q169: The factor income approach classifies all of
Q170: According to the national spending approach,imports must
Q171: None of the income components of GDP
Q173: Personal consumption expenditure is the largest spending
Q174: The purchase of stocks and bonds is
Q175: In calculating GDP with the national spending
Q176: Social Security benefits paid to current retirees
Q177: Spending on goods imported into the United
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