Which of the Following Items Is Counted as Part of Government

question 113

Multiple Choice

Which of the following items is counted as part of government purchases?

• A) The federal government pays $2,000 in Social Security benefits to a retired person.
• B) The city of Des Moines,Iowa pays $10,000 to a tree-trimming firm to trim trees along city boulevards.
• C) The state of Iowa pays $1,000 to help a low-income family pay its medical bills.
• D) All of the above are correct.

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Definitions:

Price

A value placed on an object exchanged between a buyer and a seller.