ZuoTi.Pro
Question

1. LULU MICUSU UCUUULI Y3 JUVN63uLL M I N ORIMIT 2. Why arent transfer payments included as part of government spending?
business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

The GDP can be defined the market value of all goods and services which are produced in the domestic territory of the country in the current financial years.

GDP by expenditure method=C+I+G+X-M

It means in GDP only those value will be included which is generated by production of some goods and services. But in case of transfer payment by the government to the poeple is given without any production of goods and services. So transfer payment to the people by the government is not the part of the government spending.

0 0
Add a comment
Know the answer?
Add Answer to:
1. LULU MICUSU UCUUULI Y3 JUVN63uLL M I N ORIMIT 2. Why aren't transfer payments included...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • why aren't executory costs included as part of minimum lease payments?

    why aren't executory costs included as part of minimum lease payments?

  • Please read the following and submit an appropriate 150 commentary 1) Why aren't mobile payments counted...

    Please read the following and submit an appropriate 150 commentary 1) Why aren't mobile payments counted as money? 2) Is a reduction in interest rates likely to affect spending on pizza? What kinds of spending are sensitive to interest rate fluctuations? 3) How does easier bank lending contribute to economic growth? Are there any risks for growth with easier bank lending?

  • 1. Government transfer payments are: Multiple Choice a. included in GDP under the personal consumption of...

    1. Government transfer payments are: Multiple Choice a. included in GDP under the personal consumption of the recipient. b. not included in GDP since the recipient will use the funds to purchase final goods and services. c. included in GDP to account for the tax revenue that is generated to pay for them. d. included in GDP under government spending. 2. The purchase of a new television produced in Japan will be included in GDP as: Multiple Choice a. an...

  • Government transfer payments act as automatic stabilizers because as labor income decreases, transfer payments a. decrease...

    Government transfer payments act as automatic stabilizers because as labor income decreases, transfer payments a. decrease as well. b. increase. c. to the government increase. d. remain constant. For liberals, the United States has a(n) a. public sector that is too small. b. private sector that is too small. c. public sector that is too large. d. economy that is too heavily regulated. Ronald Reagan's presidency could be characterized as a period of a. passive monetary policy. b. active regulatory...

  • Savings/Investment in Class GDP = 10 Consumption = 7 Government Spending = 2 Private Savings = 1 Transfer Payments...

    Savings/Investment in Class GDP = 10 Consumption = 7 Government Spending = 2 Private Savings = 1 Transfer Payments = 1 A) Calculate Taxes, Investment, Public Savings and National Savings B) Draw the graph of the market for loanable funds, assuming the equilibrium interest rate i* = 3% Make sure to label the axis and equilibrium points C) If G increases so that now G = 2.5, recalculate Public Savings, National Savings and Investment. (assume that any other variables stay...

  • RUE AND FLASE 1. Transfer payments, including Social Security and welfare and medical assistance, account for...

    RUE AND FLASE 1. Transfer payments, including Social Security and welfare and medical assistance, account for nearly 60 percent of federal government expenditures. 2. State governments do not fund any part of Medicaid. ent consumption does not require resources to be reallocated from private to government use. 4. Positive economic analysis is based on underlying value judgments 5. "The government should abolish tariffs to achieve efficiency" is a normative statement. 6. Efficient outcomes are often viewed as inequitable. 7. A...

  • 1 a. Suppose the government cuts transfer payments in an economy with an inflationary gap. How...

    1 a. Suppose the government cuts transfer payments in an economy with an inflationary gap. How would this policy affect bond prices, interest rates, investment, the exchange rate, net exports, real GDP, and the price level? Show your results graphically. b. Given the nature of the implementation lag discussed in the text, discuss possible measures that might reduce the lag. 2 a. Federally funded student aid programs generally reduce benefits by $1 for every $1 that recipients earn. Do such...

  • 9. Transfer payments are: A. spending that transfers resources from the government to individuals. B. payments...

    9. Transfer payments are: A. spending that transfers resources from the government to individuals. B. payments that individuals make to the government. C. when individuals transfer stock ownership in lieu of payment with cash or other liquid assets. D. when individuals transfer cash for payments of a good or service. 10. U.S. exports are: A. U.S. goods sold to foreigners. B. Foreign goods bought by Americans. C. U.S. goods sold to Americans. D. Foreign and U.S. goods sold to foreigners,...

  • i need the answer please QUESTION 1 X2 diameter X1 diameter Y2 Y3 QUESTION 2 Water...

    i need the answer please QUESTION 1 X2 diameter X1 diameter Y2 Y3 QUESTION 2 Water flows steadily from a nozzle into a large tank as shown in Fig. he water then flows from the tank as a jet of diameter d in mm. Determine the value of d if the water level in the tank remains constant. Viscous effects are negligible. Given X1 6.1 mm X2 3.64 mm Y1 3.52 m Y2 5.06 m Y3 1.13 m

  • In a closed​ economy, the values for​ GDP, consumption​ spending, investment​ spending, transfer​ payments, and taxes...

    In a closed​ economy, the values for​ GDP, consumption​ spending, investment​ spending, transfer​ payments, and taxes are as​ follows: Y​ = ​$12 trillion C​ = ​$9 trillion I​ = ​$3 trillion TR​ = ​$2 trillion T​ = ​$3 trillion Using the information​ above, what is the value of private saving and public​ saving? A. Private saving equals ​$3 trillion and public saving equals ​$9 trillion. B.Private saving equals ​$1 trillion and public saving equals ​$2 trillion. C.Private saving equals ​$2...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT