Which of the following is an example of a transfer payment? Government purchase of an aircraft carrier from a private firm Government payment to a U.S. congressman Government expenditures on food stamps Government expenditures to fund pollution regulation Choose the most correct answer by clicking a button, or by typing a letter from the keyboard and pressing the tab key. Suppose you are a computer programmer who lives in the United States and who sells $50,000 of software via the internet to people in Europe. You operate your business as a sole proprietorship and you have no cash expenses. How do the GDP statistics account for your production? Because your output is sold outside the U.S., it does not get counted in U.S. GDP. Expenditures in the form of exports are $50,000 and income in the form of proprietors' income is $50,000. Expenditures in the form of imports are $50,000 and income in the form of profit is $50,000. Expenditures in the form of consumption are $50,000 and income in the form of wages is $50,000. Choose the most correct answer by clicking a button, or by typing a letter from the keyboard and pressing the tab key.