Total governmental purchases-federal,state,and local combined-account for about what percentage of domestic output?

Question

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Governmental purchases, which represent spending by all levels of government on goods and services, account for approximately 20 percent of total domestic output or Gross Domestic Product (GDP). This includes purchases by the federal, state, and local governments. It is important to note, however, that this figure can vary depending on a variety of factors such as the level of government spending and the overall health of the economy.

Total Governmental Purchases-Federal,state,and Local Combined-Account for About What Percentage of Domestic