In the United States in 2007,government purchases of goods and services were

Question

Quizplus · Accepted Answer

Government purchases of goods and services refer to the amount of money that the government spends on goods and services for public use. In 2007, government purchases were larger than investment but smaller than consumption. This means that the government spent more on goods and services than they invested in the economy, but less than what consumers spent on their own consumption.

In the United States in 2007,government Purchases of Goods and Services