The Carters' oldest son attends Big State University. He and his parents pay all his fees and tuition. These payments count in GDP as
A) investment.
B) government spending.
C) consumption of services.
D) consumption of durable goods.
Correct Answer:
Verified
Q185: Unemployment compensation is
A)part of GDP because it
Q186: Table 23-1
The following table contains data
Q187: For the purpose of calculating GDP, investment
Q188: Government purchases include spending on goods and
Q189: Social Security payments are
A)included in GDP because
Q191: Table 23-1
The following table contains data
Q192: A transfer payment is a payment made
Q193: Table 23-2
The following table contains data
Q194: Table 23-1
The following table contains data
Q195: Table 23-2
The following table contains data
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