Which of the Following Items Is Counted as Part of Government

question 33

Multiple Choice

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

• A)The federal government pays the salary of a Navy officer.
• B)The state of Nevada pays a private firm to repair a Nevada state highway.
• C)The city of Las Vegas,Nevada pays a private firm to collect garbage in that city.
• D)All of the above are correct.

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Definitions:

Capital Balances

Capital balances refer to the amount of money equity holders have invested in a company, often reflected in the equity section of the balance sheet.

Net Loss

The amount by which a company's expenses exceed its revenues over a specific period, indicating a negative financial performance.

Share

A unit of ownership interest in a corporation or financial asset, representing an equal proportion of the company's capital.