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

Question

Quizplus · Accepted Answer

Purchases of corporate bonds are considered financial investments rather than government outlays, which typically include interest on debt, transfer payments, and expenditures on goods and services.

All of the Following Are Government Outlays EXCEPT