Government Purchases Include Spending on Goods and Services by

question 129

Multiple Choice

Government purchases include spending on goods and services by

• A)the federal government, but not by state or local governments.
• B)federal and state governments, but not by local governments.
• C)federal, state, and local governments.
• D)federal, state, and local governments, as well as household spending by employees of those governments.

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Definitions:

Improvement In Technology

Enhancements or advancements in technology that lead to more efficient processes, products, or services.

Debt-to-Total-Assets Ratio

The debt-to-total-assets ratio is a financial metric that measures a company's leverage by comparing total debts to total assets.

Capital Structure

The manner in which a firm’s assets are financed; that is, the right side of the balance sheet. Capital structure is normally expressed as the percentage of each type of capital used by the firm such as debt, preferred stock, and common equity.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity.