Government services:
A) Is larger than consumption in the United States.
B) Includes the dollars spent on income transfers.
C) Includes federal,state,and local government purchases of goods and services.
D) Equals approximately $10 trillion per year in the United States.
Correct Answer:
Verified
Q41: Income transfers include:
A) Food provided by a
Q42: Which of the following is NOT true
Q43: GDP is the sum of consumption,investment,government purchases,and:
A)
Q44: According to your textbook,for the United States,investment
Q45: As a portion of GDP,government purchases include:
A)
Q47: The decline in employment in the farm
Q48: Over the last century in the United
Q49: U.S.net exports are:
A) Equal to the value
Q50: Which of the following is true about
Q51: The goods and services purchased from foreign
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