Home / Questions / What do economists mean when they say government purchases are “exhaustive” expenditures

What do economists mean when they say government purchases are “exhaustive” expenditures

 What do economists mean when they say government purchases are “exhaustive” expenditures whereas government transfer payments are “non-exhaustive” expenditures? Cite an example of a government purchase and a government transfer payment.

3. What are the main categories of government spending? What are the main categories of government revenue?

4. What is the most important source of revenue and the major type of expenditure at the federal level?

5. For state and local governments, what are the three most important sources of revenue and types of expenditure?

Dec 05 2019 Read more Less More

Answer (UnSolved)

question Get solution

Recent Questions

Chat Now

Welcome to Live Chat

Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.

Please fill in the form