multiple choice question\n______ include(s) all federal, state, and local government purchases of final…
multiple choice question\n______ include(s) all federal, state, and local government purchases of final goods and services.\no consumer expenditure\no investment\no government purchases\nneed help? review these concept resources.\nread about the concept
Answer
Brief Explanations:
The question asks for the term that includes all levels of government purchases of final goods and services. By definition, government purchases cover federal, state, and local government spending on such items. Consumer expenditure is related to consumers, and investment is about business - related spending on capital goods, etc.
Answer:
C. Government purchases