Income Tax.
from the people
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Yes, government spending is included in the expenditures calculations of GDP.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
from the people
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It depends on the government's priorities, but demographic data can be used to allocate government spending. A couple of examples: more schools for area with high proportion of young couples, more healthcare facilities for areas with older people.
Spending taxes already collected.
Yes, government spending is included in the expenditures calculations of GDP.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
The approval of government spending comes from Congress. It is referred to as the budget resolution or the deficit resolution.
The approval of government spending comes from Congress. It is referred to as the budget resolution or the deficit resolution.
it is the share of government spending in total spending in the economy
growing levels of government spending <------------------ APEX :)
taxes