keylariveracx2996 keylariveracx2996
  • 02-01-2020
  • Business
contestada

Government spending for goods and services is a(n) ____________ part of total spending in our economy.

Respuesta :

andymoffice andymoffice
  • 06-01-2020

Answer:

"Essential".

Explanation:

The basic macroeconomic identity says that national consumption is equal than national production (excluding the net external movements of trade, capital flows and remittances). This identity considers national consumption equal than domestic spending that includes the private sector and the public sector. The public sector spending is in the form of investment and the execution of the public budget.

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