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Spending Chain

Updated: 4/28/2022
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is used within GFEBS to track whether a project is executed efficiently, on-time, and within budget.

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Q: Spending Chain
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Continue Learning about Economics

How can government spending trigger a chain of events that helps to improve the economy?

This theory comes from John Maynard Keynes's theories on the economy. High government spending (AKA running a budget deficit) means that there is an increased demand in the market for business output, which will result in increased employment, which will result in higher incomes, which will result in increased consumer spending, which well then result in even more demand. This practice is theoretically most useful to bring an economy out of a recession and reverse high unemployment.


How does inflation affect the multiplier?

More goods will be provided only at higher prices. Thus, as the multiplier chain progresses, pulling income and employment up, prices will rise, too. This development, as we know from earlier chapters, will reduce net exports and dampen consumer spending because rising prices erode the purchasing power of consumers' wealth. As a consequence, the multiplier chain will not proceed as far as it would have in the absence of inflation.


What is the Value chain analysis of coca cola?

value chain analysis of coca cola company


What happens when an effective value chain is created?

Profit Margins Are Increased when an effective value chain is created.


What is the Difference between value chain and supply chain?

A supply chain consists of series of activities in which a product or a material is simply transferred from a starting point to an end point, whereas in the value chain, instead of just transfering we add certain values to it. Eg: Suppose a supply chain is as follows: farmers- wholesaler-retailer-consumer. If the apples just passes through the same channels with out any grading or sorting, then it's a supply chain. However, if at any stage we add some values to the apples such as grading, sorting, packaging or cold storage, then this is called a value chain.

Related questions

What is a travel multiplier?

The travel multiplier measures the effect of the initial tourism spending and the chain of spending that follows.


Is this true or false that the spending chain process consists of the acquisition process and the accounts payable process?

True, The Spending Chain Process consists of the Acquistion Process and the Accounts Payable process.


Which sub process is associated with the spending chain process?

Vendor Master Data


What caused Mike Tyson to file bankruptcy?

Spending money on mansions, cars, jewlry, parties, clothes, tigers & Etc. spending $173,706 on his chain.


Asset accounting is a sub-process of the spending chain business process area?

false


Which module is used in GFEBS to track and manage costs for certain projects within the?

sPENDING CHAIN


Which sub process is associated with the spending chain business process area?

Vendor Master Data


What business process area reports the financial status of the Army to the Department of Defense and the US Treasury?

spending chain


The business process area reports the financial status of the Army to the Department of Defense and the US Treasury?

spending chain


What business process area reports the financial status of the Army to the Department of Defense (DoD) and the US Treasury.?

spending chain


The business process area reports the financial status of the Army to the Department of Defense (DoD) and the US Treasury?

spending chain


The business process area reports the financial status of the Army to the Department of Defense DoD and the US Treasury?

spending chain