Which of the following is NOT a government outlay?
A) expenditure on goods and services
B) debt interest on the government's debt
C) transfer payments
D) purchases of foreign bonds

Name: Which of the following is NOT a government outlay? A) expenditure on goods and services B) debt interest on the government's debt C) transfer payments D) purchases of foreign bonds
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Question

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Purchases of foreign bonds are not considered a government outlay as they do not involve direct spending within the country.

Which of the Following Is NOT a Government Outlay