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Basic Question 0 of 2

Which of the following is not included in government consumption and gross investment?

A. Operation of veteran hospitals by the government
B. Purchase of missiles
C. Payment of social security benefits

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

calculate and explain gross domestic product (GDP) using expenditure and income approaches;

compare the sum-of-value-added and value-of-final-output methods of calculating GDP;

compare nominal and real GDP and calculate and interpret the GDP deflator;

compare GDP, national income, personal income, and personal disposable income;

CFA® 2024 Level I Curriculum, Volume 2, Module 10.