When an Unemployed Worker Receives a Payment from the Government

question 125

Multiple Choice

When an unemployed worker receives a payment from the government as a result of being unemployed,it is

• A) included in the consumption category of GDP.
• B) included in the investment category of GDP.
• C) included in the government purchases category of GDP.
• D) included in the net export category of GDP.
• E) not included in any of the expenditure categories.

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Definitions:

Advantages

Benefits or favorable factors that contribute to the success and competitiveness of a business, product, or individual.

Disadvantages

Refers to the negative aspects or downsides that are associated with a particular decision, action, or scenario.

Limited Liability Company

A form of business organization that combines the taxation approach of a sole proprietorship or partnership with the limited liability aspect of a corporation.

Personal Liability

The legal responsibility of an individual to personally satisfy debts or liabilities incurred, including those arising from actions taken in a professional capacity.