Asked by
Addison Floyd
on Nov 16, 2024
Verified
The government's purchases of goods but not its purchases of services are included in GDP.
Purchases of Services
Transactions where buyers acquire services rather than tangible goods from sellers.
- Learn about the parts that constitute the Gross Domestic Product (GDP) and the metrics used for their calculation.
Verified Answer
MR
Learning Objectives
- Learn about the parts that constitute the Gross Domestic Product (GDP) and the metrics used for their calculation.
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