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What is the relationship between transfer payments and gross domestic product? a . Transfer payments are not included in GDP because they are forms of
What is the relationship between transfer payments and gross domestic product?
a Transfer payments are not included in GDP because they are forms of income.
b Transfer payments are included in GDP because goods and services have been produced in the transfer.
c Transfer payments are not included in GDP because goods and services have not been produced in the transfer.
d Transfer payments are included in GDP because they represent the production of transfers of goods and services to foreign countries.
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