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omeli [17]
3 years ago
5

1. List three things governments buy on credit.

History
1 answer:
VladimirAG [237]3 years ago
8 0

Answer:

Government purchases are expenditures on goods and services by federal, state, and local governments. The combined total of this spending, excluding transfer payments and interest on the debt, is a key factor in determining a nation's gross domestic product (GDP). Transfer payments are expenditures that do not involve purchases, such as Social Security payments and farm subsidies.

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