Government expenditures on goods and services include i.the local Library's purchase of new books.
Ii)ACT's road maintenance.
Iii)the State of Victoria's payment of wages to correctional service officers.
A)i and iii
B)i only
C)i,ii and iii
D)i and ii
E)ii and iii

Question

Quizplus · Accepted Answer

All three options represent government expenditures on goods and services. The local library's purchase of new books represents a purchase of goods, while ACT's road maintenance and the State of Victoria's payment of wages to correctional service officers represent purchases of services. Therefore, all three options fall under government expenditures on goods and services.

Government Expenditures on Goods and Services Include I