Which of the Following Items Is NOT Part of Government

question 308

Multiple Choice

Which of the following items is NOT part of government expenditure on goods and services in the GDP accounts?

• A) gasoline purchases for government car pools
• B) Social Security expenditures
• C) new computer hardware for use by the IRS
• D) drapes to brighten up the president's office

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Definitions:

Slope

In mathematics and economics, it's the measure of the steepness or incline, often used to describe a change in a variable in relation to a change in another variable.

45-degree Line

In economics, a reference line that represents where the quantity demanded equals the quantity supplied.

Indeterminate

A state in which something cannot be exactly established, known, or decided.

Positive

A descriptor indicating an increase, growth, or beneficial effect in a particular context.