Government expenditures included in the expenditure approach to GDP include
A) Social Security and education.
B) net exports.
C) buying a new bomber.
D) Both answers A and C are correct.
Correct Answer:
Verified
Q111: In the computation of GDP, Social Security
Q112: All of the following are included in
Q113: In the national income accounts, government expenditure
Q114: Which of the following items is NOT
Q115: Transfer payments
A) are included in the government
Q117: Transfer payments are not part of government
Q118: According to the BEA, in the second
Q119: Net exports of goods and services equal
Q120: According to the BEA, in the second
Q121: In the calculation of GDP by the
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