Which of the following would be classified as a government purchase?

Question

Quizplus · Accepted Answer

Government purchases of computers would be classified as a government purchase, as it involves the direct acquisition of goods or services by the government for use in providing public services. Social security payments, unemployment insurance payments, welfare payments, and Veterans' Administration payments are all transfer payments, which involve the government transferring resources from one group to another without receiving anything in return.

Which of the Following Would Be Classified as a Government