Government expenditures includes all of the following except
A) federal defense spending.
B) federal nondefense spending.
C) state and local spending.
D) transfers.

Question

Quizplus · Accepted Answer

Government expenditures include federal defense spending, federal nondefense spending, state and local spending, as well as transfers such as Social Security payments and welfare benefits. Therefore, option D (transfers) is the only choice that is not included in government expenditures.

Government Expenditures Includes All of the Following Except