Government transfer payments like social security and unemployment benefits are
A) included in government purchases.
B) not included in government purchases.
C) not included in government purchases, but they are included in the consumption component of GNP.
D) not included in government purchases, but they are part of the investment component of GNP.
E) included in government purchases but not in the GNP.
Correct Answer:
Verified
Q22: An open economy
A) can save only by
Q23: Over the 1980s
A) there is no question
Q24: In 1929, government purchases accounted for
A) only
Q25: For open economies,
A) S = I.
B) S
Q26: Disposable income is national income
A) less taxes
Q28: In a closed economy, national saving
A) sometimes
Q29: In a closed economy, private saving, ,
Q30: In the United States, (gross) investment has
Q31: Investment is usually
A) more variable than consumption.
B)
Q32: Which of the following is FALSE about
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