Explain the difference between government purchases and transfer payments. Give two examples of each.

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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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Question Posted: Dec 31, 2015 01:33 AM

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Explain the difference between government purchases and transfer payments. Give two examples of each.

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Government purchases are a measure of the dollar value of go...View the full answer

Macroeconomics

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