Multiple Choice
Which of the following is a government 'expenditure' and not a government 'purchase'?
A) The federal government buys a new ship for the defence force.
B) The federal government pays the salary of police.
C) The federal government pays unemployment benefits.
D) The federal government pays to support medical research on AIDS.
Correct Answer:
Verified
Correct Answer:
Verified
Q126: Refer to Figure 13.5 for the following
Q127: In 2015/2016, after social security and welfare
Q128: Which is the largest source of federal
Q129: The structural budget deficit calculates the budget
Q130: To counteract the effect of automatic stabilisers
Q132: 'Fiscal policy' (discretionary fiscal policy)is defined as
Q133: Refer to Figure 13.3 for the following
Q134: Explain why accurately timing the fiscal policy
Q135: Which of the following is considered 'expansionary
Q136: Slow growth in aggregate demand leads to