Homework Answers
Ans:
Option B
unemployment checks
Explanation
Gross domestic product(GDP) is the market value of final goods and services produced by a country during a specific period of time. Government purchase is a component of the expenditure approach to calculating gross domestic product. Government purchase is the expenditure incurred by federal, state and local governments, excluding transfer payments such as unemployment checks.
GDP = Consumption + Investment + Government purchase + Net exports
Add Answer to:
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