In the National Spending Approach for Calculating GDP, Government Purchases

question 113

Multiple Choice

In the National Spending Approach for calculating GDP, government purchases include which of the following government outlays? I. the payment of Social Security benefits II. the allowance of Earned Income Tax Credits III. purchase of a new automobile by the state department

• A) I only
• B) I, II, and III
• C) II only
• D) III only

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Definitions:

Abusive Husbands

Male spouses who engage in behavior that is damaging or harmful towards their partners, often manifesting as physical, emotional, or psychological abuse.

Drug Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or other negative outcomes.

Poverty

The state of having insufficient financial resources to meet basic living expenses, such as food, clothing, and housing.

Incest

Sexual relations between people classified as being too closely related to marry each other, considered a taboo and illegal in many societies.