Government purchases include all of the following EXCEPT
A) pension benefits paid by the federal government.
B) the construction of a new courthouse built by a local government.
C) the salary paid to an elementary school teacher employed by a local public school board.
D) the purchase of new military hardware by the Canadian Forces.
E) the construction of new highways by provincial governments.
Correct Answer:
Verified
Q50: The value of goods produced,but unsold,in the
Q51: Which of the expenditure components of GDP
Q52: Which of the following would increase the
Q53: Which of the following is an intermediate
Q54: Net investment is
A) equal to gross investment
Q56: Which of the following would increase the
Q57: Which of the following would increase the
Q58: Given the following data for an economy,compute
Q59: Private-sector investment includes spending on
A) consumer durable
Q60: When net investment is positive
A) replacement investment
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