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Q: The Government Charge Card Abuse Prevention Act requires DoD to recover costs from GPC officials who have used the GPC for illegal improper or erroneous purchases.?
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The Government Charge Card Abuse Prevention Act requires DoD to recover costs from GPC officials who have used the GPC for illegal improper or erroneous purchases?

True


How do consumers inform manufacturers about what to produce?

A. By paying attention to advertisements B. By making particular purchases C. By writing letters to government officials D. By increasing their income


Since most purchases are under the micro purchase threshold the Government will normally pay state and local taxes on purchases made with the Government Purchase Card.?

False


Since most purchases are under the micro purchase threshold the Government will normally pay state and local taxes on purchases made with the Government Purchase Card?

False


Who is pecuniarily liable for GPC purchases they certify for payment that may later be determined illegal?

Certifying officials are pecuniarily liable for GPC purchases they certify for payment that may later be determined illegal.


What percentage of GDP is accounted for by total government purchases?

Today, total goverment purchases represent about 18% of GDP.


If the FOMC purchases government securities credit is stimulated?

Yes


What is a fiscal policy tool used to stimulate the economy Reducing inefficient employment of resources Lower interest rates Increased imports Increased government purchases?

increased government purchases.


What does invest mean in government?

Invest, in government, means to use the taxes paid by its citizens. These can be in forms of purchases of equipment for government use, or government securities.


When would an increase in government purchases be an appropriate countercyclical fiscal policy?

A decrease in government spending and increase in taxes.


If the fomc purchases government securities credit is stimulated . true or false?

True


The government purchases a large amount of domestically grown grain?

Fiscal policy