Here is what we know about a household: wages $25,000, unemployment insurance benefits $3,000, dividend income $4,000, income tax $5,000. What is the contribution to GDP of this household following the expenditure approach?

A) $24,000
B) $25,000
C) $28,000
D) $29,000

C

Economics

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Refer to Figure 2-1. ________ is (are) technically efficient

A) Point A B) Point B C) Point C D) Points B and C

Economics

Refer to Table 18-3. The table above outlines the rankings of three members of the U.S. Senate on three spending alternatives

Assume that Congress can spend additional revenue on only one of the three spending alternatives and that Bart, Lisa, and Maggie, all members of the Senate, participate in a series of votes in which they are to determine which of the spending alternatives should receive funding. Three votes will be taken: (1 ) Immigration Reform and Unemployment Benefits (2 ) Immigration Reform and Social Security Reform and (3 ) Unemployment Benefits and Social Security Reform.

Economics