Transfer Payments Are Included in

question 60

Multiple Choice

Transfer payments are included in

• A) NI.
• B) PI.
• C) GDP.
• D) NDP.

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Definitions:

Material Culture

The physical objects, resources, and spaces that people use to define their culture, including buildings, artworks, tools, and clothing.

Baseball

A bat-and-ball sport played between two teams of nine players each, popular mainly in the United States and parts of Central and South America and East Asia.

Technology

The application of scientific knowledge for practical purposes, especially in industry, involving the development and use of technical means and their interrelation with life, society, and the environment.

Space Shuttle

A spacecraft designed for repeated flights between Earth and orbit, used for various space missions.