QUESTION 12 In the expenditure approach to GDP, which of the following is excluded from measurements of GDP? OA Govermment payments for goods produced by privately-owned firms O B. Government payments for goods produced by firms owned by state or local governments OC. Government transfers to households because of Covid-19 O D. All government payments are included in GDP
QUESTION 12 In the expenditure approach to GDP, which of the following is excluded from measurements of GDP? OA Govermment payments for goods produced by privately-owned firms O B. Government payments for goods produced by firms owned by state or local governments OC. Government transfers to households because of Covid-19 O D. All government payments are included in GDP
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.2P
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