For the Purposes of Calculating GDP Using the Expenditure Approach

question 177

Multiple Choice

For the purposes of calculating GDP using the expenditure approach, which of the following payments is not included in the government expenditures component?

• A)Social Security payments
• B)The wages paid by a local government to its road crew
• C)The wages paid by a state government to the workers in its welfare department
• D)The federal government's purchase of a submarine from a shipbuilder

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Definitions:

Circadian Rhythms

Biological processes that display an endogenous, entrainable oscillation of about 24 hours, regulating the sleep-wake cycle among other bodily functions.

Advanced Sleep Phase Syndrome

A circadian rhythm disorder characterized by earlier than desired sleep onset and wake times, often resulting in evening sleepiness and morning alertness.

Biological Rhythm

Natural cycles of physical, emotional or mental activity in living beings, often aligned with daily, tidal, seasonal, or lunar cycles.

Rotational Schedule

A work or duty schedule that rotates employees through different tasks, shifts, or positions over a certain period.