Which of the following is included in GDP as government purchases?
A) Old Age Security pension paid to elderly citizens
B) welfare benefits distributed to the poor
C) outright grants from government to recipients
D) payments to clerical workers hired by government
Correct Answer:
Verified
Q23: In GDP measurement, which of the following
Q24: Which of the following is NOT considered
Q25: How is the value of net exports
Q26: Suppose exports total $6.5 billion and imports
Q27: In GDP measurement, which of the following
Q29: Which of the following would NOT be
Q30: Which of the following describes how imports
Q31: Which of the following would be included
Q32: Which of the following would NOT be
Q33: Which of the following is NOT included
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