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svet-max [94.6K]
3 years ago
14

What makes government contracts unique?

Business
2 answers:
faust18 [17]3 years ago
7 0

Answer:

The correct answer is the option D: They create obligations normally applied to government agencies.

Explanation:

On one hand, a <em>government contract</em> is the name given by law to the situation where to parties compromise themself with each other and where one of them is a government agency, therefore that <u><em>its main characteristic is that those type of contracts involve a party that is a government entity</em></u>.  

On the other hand, a <em>government contractor</em> is the name that tends to receive the company, privately owned or publicly trade but not a state owned enterprise, whose characteristic is that it produces goods or services under contract for the government only.

Vika [28.1K]3 years ago
5 0
They create obligations normally applied to government agencies
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A decrease in transfer payments has the same basic effect on aggregate demand as?
SashulF [63]

A decrease in transfer payments has the same basic effect on aggregate demand as larger the marginal propensity to save.

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.

When the change in the  transfer payments, it affects the consumption level of the individual, which results in the shift in the aggregate demand of the product.

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1 year ago
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true

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