In national income accounting, government purchases include
A) purchases by federal, state, and local governments.
B) purchases by the federal government only.
C) government transfer payments.
D) purchases of goods for consumption but not public capital goods.
Correct Answer:
Verified
Q49: Q50: In calculating the GDP, national income accountants Q51: The ZZZ Corporation issued $25 million in Q52: National income accountants define investment to include Q53: If the economy adds to its inventory Q55: The largest component of total expenditures in Q56: Suppose that inventories were $80 billion in Q57: Government purchases include government spending on
A)
A)
A) government
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents