Which of the following would be considered a component of government purchases?

Question

Quizplus · Accepted Answer

Government purchases refer to the spending of government on goods and services. Therefore, police salaries, which are wages paid to government employees, would be considered as a component of government purchases. However, welfare and social security payments are considered transfer payments, and are not included in government purchases as they do not involve the purchase of goods or services.

Which of the Following Would Be Considered a Component of Government