In Calculating GDP, Governmental Transfer Payments, Such as Social Security

question 196

Multiple Choice

In calculating GDP, governmental transfer payments, such as Social Security or unemployment compensation, are

• A) not counted.
• B) counted as investment spending.
• C) counted as government spending.
• D) counted as consumption spending.

---

Definitions:

External Monitoring

The process of continuously scanning and analyzing an organization's external environment to identify trends, opportunities, and threats.

Delegating

The act of entrusting tasks or responsibilities to others, typically those who are subordinates or team members, to improve efficiency and develop their capabilities.

Democratic Leadership

A leadership style characterized by the sharing of decision-making responsibilities between the leader and members of the group, promoting participation and collaboration.

Decision-Making Procedures

Systematic approaches or steps taken to arrive at choices or solutions in a rational and informed manner.