Which of the Following Would Not Be Included in GDP

question 177

Multiple Choice

Which of the following would not be included in GDP as government purchases?

• A)The local township repairs the roads.
• B)The state government funds a state university.
• C)The federal government sends out Social Security checks.
• D)The federal government pays a lawyer as a public defender.
• E)The state government buys computer time.

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Definitions:

Product Innovation

refers to the process of creating and introducing new or significantly improved goods or services to meet customer needs or market demands.

Big Five Model

A personality framework that outlines five broad dimensions used to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics or qualities that define an individual’s patterns of thought, emotion, and behavior.

Extroversion

A personality trait characterized by sociability, assertiveness, and talkativeness.