Which one of these items will not be apart of the current year's GDP?а.Spending of the government for publicinfrastructureb.Spending of the government for transferpaymentsO C.Spending of the government for socialservices such as education and healthservicesd.Spending of the government for defense00Do

Transfer payments are not included in GDP.

Answered: Which one of these items will not be a…

Which one of these items will not be a part of the current year's GDP? а. Spending of the government for public infrastructure b. Spending of the government for transfer payments 00

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter4: The Aggregate Economy

Section: Chapter Questions

Problem 6E

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