such as social security payments are not included in governm

______.such as social security payments, are not included in government purchases.
______.such as social security payments, are not included in government purchases.

Solution

Transfer Payments such as social security payments, are not included in government purchases.

Transfer payments are not included in government purchases since transfer payments are payments that represent a mere transfer of money from one sector of the economy to another. Transfer payments do not represent new production of goods or services, which is what GDP measures. Transfer payments would be a form of double-counting and not government purchase.

 ______.such as social security payments, are not included in government purchases. ______.such as social security payments, are not included in government purc

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