Which of the following statements are true? You may need to check public data. Select one or more: O a. Disposable income includes transfer payments. O b. Government spending as a component of GDP includes transfer payments. O c. In 2013 export spending in China exceeded import spending by 2.4% of GDP O d. In 2013 total consumer spending in the USA exceeded total consumer spending in the Eurozone

Which of the following statements are true? You may need to check public data. Select one or more: O a. Disposable income includes transfer payments. O b. Government spending as a component of GDP includes transfer payments. O c. In 2013 export spending in China exceeded import spending by 2.4% of GDP O d. In 2013 total consumer spending in the USA exceeded total consumer spending in the Eurozone

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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