Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 18 - Public Finance: Expenditures and Taxes - Discussion Questions: 2

Answer

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Work Step by Step

This term refers to when the government purchases resources (like labor and raw materials) in order to build something (presumably for the benefit of the public.)
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