Explain the difference between government spending and government purchases of goods and services (G). Which is larger?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:45 AM

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Explain the difference between government spending and government purchases of goods and services (G). Which is larger?

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Only part of government spending is allocated to the purchase of newly pro...View the full answer

Macroeconomics Principles And Policy

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