Government salaries paid to soldiers in the military are included in the ________ category of GDP.

Question

Quizplus · Accepted Answer

Government salaries paid to soldiers in the military are considered government purchases, which is a component of GDP that includes all government spending on goods and services, including salaries paid to government employees. Consumption refers to spending by households, investment refers to spending by businesses, net exports refer to exports minus imports, and durable goods refer to a type of consumer goods that are expected to last more than three years.

Government Salaries Paid to Soldiers in the Military Are Included