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

question 252

Multiple Choice

For purposes of calculating GDP using the expenditure approach,which of the following is NOT included in the government expenditures account?

• A)The government's purchase of pencils
• B)The payroll of the federal government
• C)The welfare payments made to the poor
• D)The government's purchase of a computer
• E)None of the choices are correct

---

Definitions:

Reliability

The consistency of a measure or test; its ability to produce the same results under similar conditions.

Generalizability

The extent to which the findings of a study or experiment can be applied to larger populations or different contexts beyond the original subjects or conditions studied.

Validity

The extent to which a test, measurement, or research accurately reflects or assesses the specific concept that it is intended to measure.

Constructability

A project management technique that reviews construction processes from start to finish during pre-construction phase to ensure efficient and feasible construction.