multiple choice question transfer payments are not included in gdp because they do not generate \n\no…

multiple choice question transfer payments are not included in gdp because they do not generate \n\no financial transactions\no finished goods\no output\no intermediate goods

multiple choice question transfer payments are not included in gdp because they do not generate \n\no financial transactions\no finished goods\no output\no intermediate goods

Answer

Brief Explanations:

GDP measures the value of final goods and services produced within a country in a given period. Transfer payments are just re - distributions of income and do not create new output.

Answer:

C. output