Which One of the Following Government Expenditures Is an Example

question 7

Multiple Choice

Which one of the following government expenditures is an example of "government purchases"?

• A)$2000 paid to a retiree
• B)$1000 paid to a poor person for income support
• C)$4000 spent for services provided by a private consultant
• D)$100 000 paid as interest on the national debt
• E)$600 paid to an unemployed worker for employment insurance

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Definitions:

New-Product Development

The act of conceptualizing, developing, and introducing a novel product or service to the marketplace.

Screening and Evaluation

The process of assessing various options or candidates based on set criteria to identify the most suitable choices.

Simulated Test Markets

Experimental marketing techniques that replicate the conditions of a full-scale market test for products or services in a controlled environment.

Behavioral Intention

An individual's plan or likelihood to perform a specific action or behavior, often used as a predictor of actual behavior in studies.