Federal government outlays include ________.

Question

Quizplus · Accepted Answer

Federal government outlays refer to the total amount of money that the government spends on various programs and initiatives. The answer choice that best represents this is D, which includes government purchases (spending on goods and services like military equipment, infrastructure projects, etc.), transfer payments (payments made to individuals or other entities like social security, Medicare, etc.), grants to states (money given to state governments for specific purposes), and interest payments on the national debt (payments made on the government's outstanding loans and bonds). Income tax revenues are not considered outlays, as they represent the money collected by the government rather than spent.

Federal Government Outlays Include ________