Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) U.S.government agencies produce or purchase nearly 40 percent of all goods and services produced in the nation each year.
B) The federal government is the largest single purchaser of goods and services in the world.
C) Public finance is involved with how individuals in the public sector make choices that maximize their utility.
D) In the United States, government purchases exceed government expenditures.