The Social Security Check Received by Your Grandmother

question 306

Multiple Choice

The Social Security check received by your grandmother

• A) is included in the GDP because it will be spent on goods and services.
• B) is excluded from GDP calculations because it is a transfer payment.
• C) is included in the GDP because she is entitled to it as a citizen.
• D) is included in the GDP because it is part of her income.

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