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

User Jdachtera
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Answer:

"Essential".

Step-by-step 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.

User Ianolito
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