Examlex
What does these term refere to:
-Bus
Government Purchases
These refer to the total expenditures for goods and services by all levels of government, excluding transfer payments.
Expenditures
Payments or outlays of money to cover costs or expenses.
Salaries
Periodic payments made to employees, usually on a monthly or biweekly basis, in return for labor services performed.
Real GDP
The measure of a country's economic output adjusted for price changes, such as inflation or deflation, providing a more accurate reflection of the economy's size and how it's growing over time.
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