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

Question

Quizplus · Accepted Answer

Purchases of foreign bonds are considered financial investments rather than government outlays. Government outlays typically include transfer payments, expenditures on goods and services, and interest on debt, but not investments in foreign bonds.

Which of the Following Is NOT a Government Outlay