The symbol G used throughout the text stands for
A)federal government expenditures.
B)purchases of goods and services by the federal government.
C)federal plus state and local government purchases of goods and services.
D)federal plus state and local government expenditures.
E)the difference between expenditures and tax revenues for the federal, state, and local governments.

Question

Quizplus · Accepted Answer

The symbol G typically represents total government spending, which includes federal, state, and local government purchases of goods and services. This encompasses all levels of government spending on goods and services rather than just federal spending or expenditures in general.

The Symbol G Used Throughout the Text Stands for