Author Question: Transfer payments are included in which category under the expenditure approach to GDP accounting? ... (Read 77 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
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.

Question 2

The consumption function becomes flatter if:
 a. the average propensity to spend increases.
  b. the marginal propensity to spend increases.
  c. the marginal propensity to save increases.
  d. the autonomous consumption increases.
  e. the autonomous consumption decreases.



meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library