Government expenditures include _____ and _____ but NOT _____.
A) wages and salaries; transfers; the purchase of products and services
B) transfers; the purchase of products and services; wages and salaries
C) wages and salaries; the purchase of products and services; transfers
D) Government expenditures include wages and salaries, transfers, and the purchase of products and services.

Question

Quizplus · Accepted Answer

Government expenditures include wages and salaries and the purchase of products and services, but not transfers, as transfers are not payments for goods or services but rather redistributions of income.

Government Expenditures Include _____ and _____ but NOT _____

Government Expenditures Include ___ and _ but NOT ___