For Purposes of Calculating GDP Using the Expenditure Approach,which of the Following

question 313

Multiple Choice

For purposes of calculating GDP using the expenditure approach,which of the following payments is NOT included in the government spending component?

• A)Social Security pensions
• B)The wages paid by a local government to its road crew
• C)The wages paid by a state government to the workers in its welfare department
• D)The federal government's purchase of a submarine from a shipbuilder
• E)None of the choices are correct

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