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Transfer payments are A included in government purchases and in GDP. B included in government purchases but excluded from GDP. C excluded from GDP but
Transfer payments are A included in government purchases and in GDP. B included in government purchases but excluded from GDP. C excluded from GDP but included in government purchases. D excluded from government purchases and GDP.In the long run, a country's material standard of living is determined by A the amount of money supply relative to its population. B the average level of prices and the average income of its population. C how much its environment is preserved. D its output relative to its population
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