elishane5178 elishane5178
  • 07-09-2020
  • Business
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What is the difference between federal purchases and federal expenditures?

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ogorwyne
ogorwyne ogorwyne
  • 08-09-2020

Answer and Explanation:

Government purchases also called spending are a part of government expenditure. That is they are inclusive in what is government expenditure.

Federal purchases would need that the federal government gets to receive a good or service that was purchased. But when it comes to federal expenditure we are talking inclusively about transfer payments.

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