g Transfer payments are a. included in GDP because they represent income to individuals. b. included in GDP because they eventually will be spent on consumption. c. not included in GDP because they are not payments for currently produced goods or services. d. not included in GDP because taxes will have to be raised to pay for them.

c. not included in GDP because they are not payments for currently produced goods or services.

Explanation: Transfer payments are usually not included in the GDP because they do not represent payments made for recently produced goods or services.

The Gross Domestic Product (GDP) is the monetary value attached to all finished goods and services produced within a country during a time period.

answer; at prices that violate government price regulations;

answer about 4-5 percent of the labor force is unemployed;