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Government Purchases |
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Government Purchases Expenditures made in the private sector by all levels of government, such as when a government entity contracts a construction company to build office space or pave highways. Notes: A component of Keynesian expenditures, government purchases can be used as a tool for a government to influence the business cycle and provide economic stimulation when it is deemed necessary. |
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Government purchases under the dairy price support program would decline by $7 million. Large government purchases have become the bread and butter of many companies in Brazil. Even our taxes go up to pay for all the federal, state, and local government purchases of overpriced fuel. |
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