a rise in the aggregate price level does not reduce: please choose the correct answer from the following choices, and then select the submit answer button. answer choices exports made to other countries minus imports. investment spending. consumer spending. government spending.

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15-11-2022
Business

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a rise in the aggregate price level does not reduce: please choose the correct answer from the following choices, and then select the submit answer button. answer choices exports made to other countries minus imports. investment spending. consumer spending. government spending.

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shomerajeshwari90 shomerajeshwari90 · Answer 1 · 2022-11-18T08:39:54+01:00

A rise in aggregate price level does not reduce government spending as government continues to spend to country's economic development even in that case also.

Government spending is the amount of money allocated by the public sector for the purchase of products and the delivery of services, including such defense, social welfare, health, and schooling. Government final consumers spending is defined in national income accounting when the government buys goods and services for direct consumption in order to immediately meet the needs of individuals or groups and expectations of the community.

Government spending refers to the purchase of commodities and services by the government for subsequent use. These covers transferring payments made up of income transfers, in addition to mass consumption, investment, and transfer payments.

Learn more about government spending here:

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