After the terrorist attacks on September 11,2001,governments within the United States raised expenditures to increase security at airports.These purchases of goods and services are
A) not included in GDP since they do not represent production.
B) not included in GDP since the government will have to raise taxes to pay for them.
C) included in GDP since government expenditures are included in GDP.
D) included in GDP only to the extent that the federal government, rather than state or local governments, paid for them.
Correct Answer:
Verified
Q43: A transfer payment is
A)a payment for moving
Q44: Which of the following items is counted
Q110: To encourage formation of small businesses,the government
Q111: The U.S.Air Force pays a Turkish citizen
Q115: A German citizen buys an automobile produced
Q118: Social Security payments are
A)included in GDP because
Q185: Unemployment compensation is
A)part of GDP because it
Q197: A wind farm in Iowa buys a
Q204: Which of the following represents a transfer
Q209: Which of the following items is counted
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents