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Business, 21.07.2019 09:00 justice74

What is the difference between federal purchases and federal expenditures? a. federal purchases and federal expenditures both require that the government receives a good or service in return. b. federal purchases require that the government receives a good or service in return, whereas federal expenditures exclude transfer payments. c. federal purchases require that the government receives a good or service in return, whereas federal expenditures include transfer payments. d. the difference between federal purchases and federal expenditures is so small that it is generally ignored?

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