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Government expenditures includes all of the following except a. federal nondefense spending. b. transfers. c. state and local spending. d. federal defense spending.

1 Answer

1 vote

Answer:

b. transfers.

Step-by-step explanation:

Government expenditures does not include transfer payment in GDP calculation. It includes federal nondefense spending such as medicare, health, veterans benefits. it also includes defense spending and state and local spending.

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User Adam Greene
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