Which of the following would not be included in the government consumption expenditures and gross investment (G) category of GDP?
A) The payments made to Social Security recipients.
B) The expenditures made to repair a highway.
C) The spending for professors at state universities.
D) The purchase of new china for White House functions.
Correct Answer:
Verified
Q29: Durable and nondurable goods and services lumped
Q30: Which one of the following statements is
Q31: Which of the following would be included
Q32: If net exports are a negative number,
Q33: Which one of the following is not
Q35: If exports rise and imports fall, then:
A)
Q36: Your purchase of a Gucci purse made
Q37: New residential housing is counted in GDP
Q38: Resources that flow through the circular flow
Q39: Using the expenditure approach, GDP equals:
A) C
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