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Where does the Cuban government spend their money?

The Cuban government spends most of their money on importing goods such as oil and food. It also spends a significant amount of money on relief programs for its citizens.


What is federal spending?

Government spending is the amount of money that a government allocates and eventually spends in a specific period of time. The US government spends about one trillion dollars per year.


Is the amount of money our government spends on the space program essential or frivolous?

Yes


Who spends government money?

The government spends it.


What is defencive?

The amount the government spends on maintaining and supplying the armed forces, on defence industry contracts and the MOD.


What is defence spending?

The amount the government spends on maintaining and supplying the armed forces, on defence industry contracts and the MOD.


When the amount of taxes received by the government is less than the amount the government spends in a given year?

When the amount of taxes received by the government is less than what it spends in a given year, it results in a budget deficit. This means the government must borrow money to cover the shortfall, often leading to increased national debt. Persistent deficits can raise concerns about fiscal sustainability and may necessitate future tax increases or spending cuts. Additionally, it can impact economic growth and the government's ability to fund public services.


What industry spends the most money on Information Technology?

The banking and financial services industry spends the most money on information technology at 10.5 percent. The education and government industry also spend a significant amount on IT.


What is it called when the government spends more than it take in?

When a government spends more money in a year than it takes it, it is called a deficit. When it spends less than it takes in, it is called a surplus.


What happens to your tax?

The government spends it.


The total amount that a nation's government owes is called?

Debt. The amount the government spends, above and beyond incoming revenue is called a deficit. The accumulated annual deficit spending plus interest is the debt.


What is the amount a business earns over and above what it spends for salaries and other?

What is the amount a business earns over and above what it spends for salaries and other?