Unemployment compensation is
a. part of GDP because it represents income.
b. part of GDP because the recipients must have worked in the past to qualify.
c. not part of GDP because it is a transfer payment.
d. not part of GDP because the payments reduce business profits.
c
You might also like to view...
The cost of borrowing funds which is stated on a loan is the
A) prime interest rate. B) nominal interest rate. C) real interest rate. D) core PCE interest rate.
In the developing country of Sixsigma, most likely
a. resource owners tend to supply their resources where are most valued b. almost all workers are employed in service industries c. links to family or clan are totally unimportant d. children are expected to choose occupations as different as possible from their parents' occupations e. family businesses resist growth to avoid having to hire people from outside the family