Under the expenditure approach to GDP accounting, government ...

[mrsjacobs44]

Under the expenditure approach to GDP accounting, government purchases of goods and services include welfare payments.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If there is a sudden jump in the inflation rate, the purchasing power of financial assets will immediately fall.
 a. True
  b. False
  Indicate whether the statement is true or false

[ebe]

Answer to Question 1

False

Answer to Question 2

True

[mrsjacobs44]

Thanks for the timely response, appreciate it

[bigsis44]

TYSM