Question

multiple choice question
transfer payments are not included in gdp because they
o are made through means of bank transfers.
o are not made in exchange for current goods and services.
o are made in exchange for future goods and services.
o are not easily valued.

Explanation:

GDP measures the market value of final goods and services produced within a country during a specific period. Transfer payments like welfare, social security are just re - distributions of income and not payments for current production of goods and services.

Answer:

are not made in exchange for current goods and services.