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Define kinds of transfer payments at the federal level

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Reference no: EM131737131

Question: (A) What are the principal differences between government purchases of goods and services and transfer payments?

(B) What are the most common kinds of transfer payments at the Federal level? At the state and local level?

(C) Besides purchases and transfer payments, what other kinds of expenditures are included in total government spending?

Reference no: EM131737131

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