Which of the Following Is Included in the Government Expenditure

question 234

Multiple Choice

Which of the following is included in the government expenditure component of the expenditure approach to GDP?

• A) state government expenditure on local schools
• B) transfer payments
• C) changes in inventories
• D) taxes

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Definitions:

Counselling

A professional service offering guidance and support to individuals to help them resolve personal, social, or psychological challenges and improve their wellbeing.

Downsizing

The process by which a company reduces its size through layoffs, restructuring or closure, often in response to economic pressures.

Downsizing

The process of reducing the size of a company's workforce, often to improve operational efficiency or reduce costs.

Survivors

Employees remaining with an organization after a downsizing.