Government transfer payments are not included in the calculation of GDP because:
A) they are ongoing payments and do not vary from year to year.
B) federal government expenditures alone are included in GDP.
C) they are issued by all levels of government and are difficult to add up.
D) they are not payments for a currently produced good or service.
Correct Answer:
Verified
Q32: Canada's GDP in 2005 was approximately:
A) $1350
Q33: The following item is not included in
Q34: Investment, as part of the calculation of
Q35: Which of the following is not an
Q36: Net investment is equal to:
A) gross investment
Q38: Which of the following would not be
Q39: Which of the following is not part
Q40: The difference between GDP and GNE is:
A)
Q41: Net domestic product includes all but which
Q42: Net domestic product is equal to GDP
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