Which of the following transactions would be counted in calculating the GDP?

a. a pension payment
b. a payment to Social Security
c. the purchase of a new car
d. the purchase of steel by the Ford Motor Company

Answer: c

Political Science

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NATO was the first and most important of a series of post-World War II collective security pacts signed by the United States

Indicate whether the statement is true or false

Political Science

A key element in conservative thinking is the belief that the

A. government should avoid laws that endorse or impose traditional religious values B. distribution of economic benefits that exists in the absence of government involvement is optimum C. government should not interfere in issues of private morality and behavior D. distribution of social benefits is most effective when government schemes favor minorities

Political Science