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With respect to GDP, how is a Canada Pension Plan payment treated? A.It is not included as part of GDP because it is a transfer

With respect to GDP, how is a Canada Pension Plan payment treated?

  • A.It is not included as part of GDP because it is a transfer payment.
  • B.It is included as part of GDP because it represents income.
  • C.It is included as part of GDP because the recipients must have worked in the past to qualify.
  • D.It is not included as part of GDP because the payments reduce business profits.

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