Please all 6 questions correctly!

Question 6 (1 point) Government transfer payments, such as unemployment benefits, are counted as government spending in GDP. True False Question 7 (1 point) In the circular flow model, households buy in the resource market and sell in the product market. True False Question 8 (1 point) Resources that flow through the circular flow model include all of the following except: labor capital consumption goods entrepreneurship O land Question 9 (1 point) Which of the following equations is the formula for calculating GDP using the expenditure approach? O GDP = C + 1 - G + (X - M) O GDP = C - I - G + (X-M) O GDP = C + 1 + G+ (X+M) O GDP = C + + G + (X - M) Question 10 (1 point) When we add up the total payments made to households that furnish resources used to produce the goods and services in the economy, we are using O the trade approach the income approach O the output approach the expenditure approach