Which of the following is included in the GDP_________? Group of answer choices The two answers describe components of the GDP. The federal government expenditure on welfare payments. Households goods and services produced at home. Neither of the two answers describe components of the GDP.
Which of the following is included in the GDP_________? Group of answer choices The two answers describe components of the GDP. The federal government expenditure on welfare payments. Households goods and services produced at home. Neither of the two answers describe components of the GDP.
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
Problem 12CQ
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Question
Which of the following is included in the GDP_________?
Group of answer choices
The two answers describe components of the GDP.
The federal government expenditure on welfare payments.
Households goods and services produced at home.
Neither of the two answers describe components of the GDP.
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