Which of the following is least likely to affect the level of government spending in an economy?
A)Social and cultural standards.
B)People's expectations.
C)Political philosophy of the government.
D)Age of consumer durables.
E)The amount of time left in a government's mandate.

Question

Quizplus · Accepted Answer

The age of consumer durables is least likely to affect the level of government spending in an economy as it is an aspect related to consumer behavior and not directly connected to government policies or actions. The other options have a more direct influence on government spending decisions.

Which of the Following Is Least Likely to Affect the Level