Payments to households not in exchange for goods and services ...

[Jkov05]

Payments to households not in exchange for goods and services currently produced are:
 a. transfer payments.
  b. government purchases.
  c. consumption expenditures.
  d. investment expenditures.

Question 2

Gross domestic product (GDP) does not include:
 a. used goods sold in the current time period.
  b. foreign produced goods.
  c. intermediate as well as final goods.
  d. None of these would be included.

[miss.ashley]

Answer to Question 1

a

Answer to Question 2

d

[Jkov05]

Thanks for the timely response, appreciate it

[olderstudent]

Excellent