Transfer payments are not included in GDP accounting, because they are part of the underground economy do not represent any output are funded by general taxes are paid by the government ...

Do not represent any output Reason GDP means all the final good and servic ...

Transfer payments are not included in GDP accounting, because they are part of the underground economy. do

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Transfer payments are not included in GDP accounting, because they

are part of the underground economy.
do not represent any output.
are funded by general taxes
are paid by the government.

Related Book For answer-question

Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Posted Date: Nov 30, 2018 09:32 AM

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Transfer payments are not included in GDP accounting, because they are part of the underground economy. do

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Managing in a Global Economy Demystifying International Macroeconomics

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