In April 2020, the US government made a one-time payment of US$1,200 to each US resident as part of an economic rescue package. An estimated 150 million US residents were expected to receive this...


In April 2020, the US government made a one-time payment of US$1,200 to each US resident as part of an economic rescue package. An estimated 150 million US residents were expected to receive this one-time payment. Explain the impact of this on government spending under the expenditure approach to computing GDP.

Group of answer choices

Government spending rises by US$1,200



Government spending rises by US$125,000



Government spending rises by US$180,000 million.



There is no change to government spending




Jun 08, 2022
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