Transfer Payments Are Included in Which Category Under the Expenditure

question 109

Multiple Choice

Transfer payments are included in which category under the expenditure approach to GDP accounting?

• A)​consumption
• B)​government purchases
• C)​net exports
• D)​Transfer payments are not directly included in GDP calculations.

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Definitions:

EBCM

Electronic Brake Control Module, a component that controls the electronic aspects of a vehicle's brake system.

Electrohydraulic Unit

A device that combines hydraulic and electrical technologies to control various mechanical systems, enhancing efficiency and precision.

High-Pressure Accumulators

Devices that store energy under high pressure, often used in hydraulic systems to absorb shock or maintain pressure.

Integral ABS Systems

Advanced braking systems in vehicles that integrate Anti-lock Braking System (ABS) functionality into the vehicle's overall brake control system for improved safety.