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Path-Goal Theory differs from Fiedler's Contingency Theory in that
Government Purchases
Expenditures made by the government sector on final goods and services in a given time period, influencing the overall economy.
Transfer Payments
Payments made by the government to individuals without any expectation of a good or service in return, such as welfare or social security.
Net Taxes
Taxes paid by individuals or businesses after subtracting transfers and government subsidies.
Consumption
The act of using goods and services to fulfill individual or collective needs and desires, driving the demand side of an economy.
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