Government purchases include:
A) purchases made by people working in government organizations.
B) the total value of output produced by government agencies.
C) investments made by foreign public agencies.
D) transfer payments.

Question

Quizplus · Accepted Answer

Government purchases refer to the goods and services purchased by government agencies for their own use or for the use of the public. This includes things like military equipment, infrastructure projects, and government communication systems. It does not include transfer payments, which are payments made to individuals or organizations without any direct exchange of goods or services.

Government Purchases Include