Classify each of the following government expenditures as either a transfer payment or a purchase of goods
Question:
a. Payments of wages and family living allowances to Canadian soldiers overseas
b. Employment insurance payments to unemployed workers
c. Payments to provinces for support of highway construction
d. Pensions of retired Supreme Court justices
e. Salaries paid to government workers
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Related Book For
Microeconomics
ISBN: 978-0321866349
14th canadian Edition
Authors: Christopher T.S. Ragan, Richard G Lipsey
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