The government purchases component of GDP includes: Select one: a. purchases of final goods and services....
The government purchases component of GDP includes:
Select one:
a. purchases of final goods and services.
b. interest payments on government debt.
c. transfer payments.
d. payments made to social security recipients.
Homework Answers
b.interest payments on government debt
Interest payments on government debt is included in government purchases component of GDP
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The government purchases component of GDP includes: Select one: a. purchases of final goods and services....
GDP would be a better measure of economic well-being if it included: Select one: a. the...
GDP would be a better measure of economic well-being if it included: Select one: a. the costs of education. b. the total value of intermediate goods. c. the market value of final goods. d. the value of leisure. The government purchases component of GDP includes: Select one: a. purchases of final goods and services. b. interest payments on government debt. c. transfer payments. d. payments made to social security recipients.
=201360718 41.00 estion Which of the following statements is TRUE? Select one: a. Government purchases is...
=201360718 41.00 estion Which of the following statements is TRUE? Select one: a. Government purchases is the largest component of GDP b. Net exports equals exports minus imports c. Foreign firms production located in the US is not included in US GOP because those firms are not owned by the US citizens d. Government purchases includes transfer payments on 48 s out of 100 Which of the following statements is TRUE? Select one: a Consumption is the largest component of...
19. Which of the following is included in government expenditures when measuring GDP? A) Social Security...
19. Which of the following is included in government expenditures when measuring GDP? A) Social Security payments B) unemployment compensation payments C) pension payment made to past presidents D) the current president's salary 20. Transfer payments A) are included in the government expenditure category in gross domestic product. B) refer to all payments made to households by governments. C) refer to payments made by the government that are not made to purchase a good or service. D) are made by...
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only...
Which of the following is NOT true about gross domestic product (GDP)? a. It includes only final goods and services. b. The values are measured in current dollars c. Intermediate goods and services are excluded to prevent double counting. d. It includes the value of transfer payments. The gross domestic product (GDP) excludes: a. the value of intermediate goods produced. b. the spending by government on new roads and bridges. c. household spending on goods and services. d. the increase...
Mandatory government spending is _____________ as a share of GDP and are mostly increasing, purchases of...
Mandatory government spending is _____________ as a share of GDP and are mostly increasing, purchases of goods & services by the government decreasing, purchases of goods & services by the government increasing, transfer payments decreasing, transfer payments
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
questions e,f,g! ***** ......$325 ......$98 .....$410 vuviai IVURI G Government Purchases of goods and services.......
questions
e,f,g!
***** ......$325 ......$98 .....$410 vuviai IVURI G Government Purchases of goods and services.......... rivuuvo RUVUU $580 Indirect business taxes.... $230 Personal consumption expenditures........... $1,520 Depreciation.... ..$310 Proprietors' income. ...$175 Employer contribution to public and private pensions plans..******* Net interest........ Gross private domestic investment....... Rental income.. $45 Exports....... $450 Imports...... $260 Corporate profits........ $225 Wages and salaries.. ...$1,302 Social secyrity payroll taxes.... $235 Government transfer payments to indivduals............ Personal interest and dividends and business transfers to individuals......$340 Personal taxes....
Identify whether each of the following government expenditures is a payment for goods and services or...
Identify whether each of the following government expenditures is a payment for goods and services or a transfer payment: a) A local public school hires a new teacher. Transfer payment Payment for goods and services b) Medicare pays for a knee replacement for a 66-year old. Payment for goods and services Transfer payment c) A poor family gets food stamps. Payment for goods and services Transfer payment d) The Social Security Administration issues a monthly check to a retiree. Payment...
11) Gross Domestic Product (GDP) is An thetotal wholisagoods and services producedby fciors oduion owned by...
11) Gross Domestic Product (GDP) is An thetotal wholisagoods and services producedby fciors oduion owned by citizens of a nation. B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders. D) the total market value of all final goods and services produced by factors of production located within a nation's borders. 12) Intermediate goods are A) goods that are...
Household purchases of durable goods $1293 Household purchases of nondurable goods $1717 Household purchases of services...
Household purchases of durable goods $1293 Household purchases of nondurable goods $1717 Household purchases of services $301 All new residential building $704 Purchases of capital equipment $310 Depreciation $374 Government expenditures on public works $553 Transfer payments $777 Foreign purchases of domestically produced goods $88 Domestic purchases of foreign goods $120 Refer to Table 23-2. What was country A's GDP in 2010? $6359 $7136 $5220 $8147
=201360718 41.00 estion Which of the following statements is TRUE? Select one: a. Government purchases is the largest component of GDP b. Net exports equals exports minus imports c. Foreign firms production located in the US is not included in US GOP because those firms are not owned by the US citizens d. Government purchases includes transfer payments on 48 s out of 100 Which of the following statements is TRUE? Select one: a Consumption is the largest component of...
19. Which of the following is included in government expenditures when measuring GDP? A) Social Security payments B) unemployment compensation payments C) pension payment made to past presidents D) the current president's salary 20. Transfer payments A) are included in the government expenditure category in gross domestic product. B) refer to all payments made to households by governments. C) refer to payments made by the government that are not made to purchase a good or service. D) are made by...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
questions
e,f,g!
***** ......$325 ......$98 .....$410 vuviai IVURI G Government Purchases of goods and services.......... rivuuvo RUVUU $580 Indirect business taxes.... $230 Personal consumption expenditures........... $1,520 Depreciation.... ..$310 Proprietors' income. ...$175 Employer contribution to public and private pensions plans..******* Net interest........ Gross private domestic investment....... Rental income.. $45 Exports....... $450 Imports...... $260 Corporate profits........ $225 Wages and salaries.. ...$1,302 Social secyrity payroll taxes.... $235 Government transfer payments to indivduals............ Personal interest and dividends and business transfers to individuals......$340 Personal taxes....
11) Gross Domestic Product (GDP) is An thetotal wholisagoods and services producedby fciors oduion owned by citizens of a nation. B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders. D) the total market value of all final goods and services produced by factors of production located within a nation's borders. 12) Intermediate goods are A) goods that are...
Household purchases of durable goods $1293 Household purchases of nondurable goods $1717 Household purchases of services $301 All new residential building $704 Purchases of capital equipment $310 Depreciation $374 Government expenditures on public works $553 Transfer payments $777 Foreign purchases of domestically produced goods $88 Domestic purchases of foreign goods $120 Refer to Table 23-2. What was country A's GDP in 2010? $6359 $7136 $5220 $8147
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