In real terms the cost of government spending is measured, Ask an Expert

Economics

In real terms, the cost of government spending is measured by

A: Only the public sector output sacrificed when the government employs scarce resources.

B: Only the private sector output sacrificed when the government employs scarce resources.

C: Combining the private sector output with the public sector output sacrificed when the government employs scarce resources.

D: Subtracting private sector output from the public sector output sacrificed when the government employs scarce resources.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91232078

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