0
I learned that term in my International Economics course. In the example that was given to us, there was an economy where only two goods were traded. All consumption was consequently spent on these two goods, one of them being imported and the other one being exported. If 20% of total spending went to the imported goods, the share of expenditure is consequently 0.2.
What else can I help you with?
What is the link between irregular fruitless and wasteful and unauthorised expenditure?
Fruitless and wasteful expenditure; means expenditure which was made in vain and would have been avoided had reasonable care been exercised. Irregular expenditure; means expenditure , other unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation.
Is credit income or expenditure?
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
What are the item's of capital expenditure and recurrent expenditure?
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.
What is the meaning of projected expenditure?
projected expenditure
What is a negative capital expenditure?
negative expenditure
What is the link between irregular fruitless and wasteful and unauthorised expenditure?
Fruitless and wasteful expenditure; means expenditure which was made in vain and would have been avoided had reasonable care been exercised. Irregular expenditure; means expenditure , other unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation.
What does 'curb expenditure' mean?
To curb expenditure simply means you have to control your spending of money.
How many degrees will represent food on a circle graph?
The answer will depend on what the total is: share of total household expenditure (if so, in which country and which year), average share of total household expenditure - and if so, in which country, food products as a share of GDP, are some possible scenarios.
What does expenditure meaning?
paying out or spending
What does it mean to econmize?
It means to cut back or reduce expenditure.
What does the income-expenditure identity say about the relationship between income and expenditure?
The income-expenditure identity states that in an economy, total income equals total expenditure. This means that the amount of money earned by individuals and businesses is equal to the amount of money spent on goods and services.
What word means Money paid for services performed?
Remuneration
What is government expenditure?
The largest category of state spending, for e2020.
What Spanish word means to share?
parte - means to share
The component of the US GDP are?
I'll give you the expenditure approach Consumption- share of GDP from consumer spending Investment-share from firm investment Government Spending-share of government spending Net Exports (exports-Imports)
Is credit income or expenditure?
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
What is the definition of Recurring Expenditure and Non Recurring Expenditure?
expenditure
