Explain why only government purchases of goods and services, not transfers, are a component of aggregate demand.
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Explain why only government purchases of goods and services, not transfers, are a component of aggregate demand.
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Government purchases of goods and services rather than transfers are considered a component of aggre...View the full answer
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Related Book For
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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