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单词 government spending on real goods and services
释义 government spending on real goods and services

Government spending on buying goods, for example military equipment, or employing people, for example policemen. This is contrasted with government spending on transfers or interest payments: spending on real goods and services is part of the gross domestic product, whereas spending on transfers or interest payments is not.

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更新时间:2024/11/13 15:02:16