All of the following are government outlays EXCEPT A) interest on the governmentʹs debt. B) purchases of corporate bonds. C) transfer payments. D) expenditure on goods and services.

Question

Quizplus · Accepted Answer

Purchases of corporate bonds are not considered government outlays. Outlays are typically expenditures made by the government, such as transfer payments, expenditure on goods and services, and interest payments on the government's debt.

All of the Following Are Government Outlays EXCEPT