Asked by Michelle Warren on May 27, 2024
Verified
Most government purchases are made at the federal level and not at the state level.
Government Purchases
Expenditures made by the government for goods and services that directly satisfy public consumption, investment, or need.
Federal Level
Pertaining to the national government of a country, as opposed to state, local, or municipal levels.
State Level
Refers to governmental and administrative functions that are conducted at a sub-national level, typically involving state or provincial governments within a country.
- Explore the various contributors to federal budget surpluses or deficits and analyze their impact on fiscal policy.
Verified Answer
JB
Joshua BrownMay 29, 2024
Final Answer :
False
Explanation :
Most government purchases are made at the state level, not at the federal level.
Learning Objectives
- Explore the various contributors to federal budget surpluses or deficits and analyze their impact on fiscal policy.