This expenditure (formerly general government consumption) includes all current government expenditures for purchases of goods and services (including an employee). a. Capital expenditure b. Consumption c. Utilization d. Transfer payments

This expenditure (formerly general government consumption) includes all current government expenditures for purchases of goods and services (including an employee). a. Capital expenditure b. Consumption c. Utilization d. Transfer payments

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 1SCQ: Country A has export sales of 20 billion, government purchases of 1,000 billion, business investment...

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1. This expenditure (formerly general government consumption) includes all current government expenditures for purchases of goods and services (including an employee).

a. Capital expenditure

b. Consumption

c. Utilization

d. Transfer payments

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