Government purchases of goods and services
A)consist of current output of goods and services purchased by the federal government only.
B)includes the current output of goods and services bought by the federal,state,and local governments.
C)are the largest component of gross national product.
D)include both defense spending and spending on social security.

Question

Quizplus · Accepted Answer

The Answer of Government purchases of goods and services
A)consist of current output of goods and services purchased by the federal government only.
B)includes the current output of goods and services bought by the federal,state,and local governments.
C)are the largest component of gross national product.
D)include both defense spending and spending on social security.

Government Purchases of Goods and Services