In the expenditure approach to GDP, which of the following would be excluded from measurements of GDP?
A) Government payments for goods produced by foreign firms
B) Government payments for goods produced by firms owned by state or local governments
C) Government payments for welfare
D) All government payments are included in GDP.
C
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Fiscal policy in the United States is hampered by its particularly long ________ lag
A) data B) recognition C) legislative D) transmission E) effectiveness
Exhibit 36-4 ? Stock High Low Close Net chg. Brown, Inc. 55.75 33.65 42.10 (A) Greenco 78.50 45.75 (B) -0.75 Black Motors 81.50 65.90 76.00 (C) ? ? Refer to Exhibit 36-4. If the closing price of Black Motor's stock on the previous day was $76.95, what value goes in blank (C)?
A. +1.95 B. -1.95 C. +0.95 D. -0.95 E. There is not enough information given to answer this question.