Which of the Following Is Not One of the Four

question 291

Multiple Choice

Which of the following is not one of the four main categories of spending identified by John Maynard Keynes?

• A)consumption
• B)planned investment
• C)government purchases
• D)transfer payments

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Definitions:

Administrative Agencies

Governmental bodies responsible for enforcing laws and regulations within specific areas of expertise and jurisdiction.

Investigations

Systematic inquiries or examinations to discover and examine facts or information, typically to resolve issues or cases.

Legislatures

The governing bodies responsible for making laws in a state or country.

Statutory Law

Law enacted by a legislative body, distinguished from case law or common law.