0
How do government taxation for consumption spending and importing goods for short term consumption affect economic growth?
Wiki User
∙ 11y ago
Government taxation for consumption spending and importing goods for short-term consumption weakens the economic growth. An increase in imports results in a lower GDP and, consequently, economic loss as money is spent and funneled out of the country.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are four types of spending that represent the AD curve?
Consumption, Investment, Government spending, and Net Taxes
Keynes emphasized that income was determined by which of these?
consumption, investment, and government spending
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
Decreasing government spending involves which type of economic policy?
suppli side economic
What factors does GDP take into account?
consumption, investment, government spending, net exports
What is Total consumption spending comprised of?
Total consumption spending is comprised of durable goods, non-durable goods, and services. Total consumption spending is a major economic factor in the US economy.
What has the author Sanjeev Gupta written?
Sanjeev Gupta has written: 'Foreign aid and consumption smoothing' -- subject(s): Consumption (Economics), Disaster relief, Econometric models, Economic assistance, Food relief 'Corruption and military spending' -- subject(s): Bribery, Econometric models, Government spending policy, Military spending, Political corruption 'Public spending on health care and the poor' -- subject(s): Government policy, Government spending policy, Health aspects of Poverty, Medical care, Poverty 'Rebuilding Fiscal Institutions in Postconflict Countries' 'On managing adjustment to external shocks in oil importing developing countries' -- subject(s): Energy policy, Government policy, Petroleum industry and trade 'Forecasting of Agriculture Output in India'
Is government spending a larger fraction of GDP than consumption?
Consumption is the largest part of GDP.
How is fiscal policy controlled?
Taxes, and government spending. Increasing taxes will decrease consumption and supply. Lowering taxes will increase consumption and supply. Increasing government spending will increase national consumption, and decreasing government spending will decrease national consumption. The economics AD-AS model shows a visual representation of the effects of fiscal policy on the economy if you are further interested.
What are four types of spending that represent the AD curve?
Consumption, Investment, Government spending, and Net Taxes
Keynes emphasized that income was determined by which of these?
consumption, investment, and government spending
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
Why was there an economic plunge in 1937?
government spending was cut .
What is a government expediture?
DescriptionGovernment spending or expenditure includes all government consumption, investment, and transfer payments.
Decreasing government spending involves which type of economic policy?
suppli side economic
What factors does GDP take into account?
consumption, investment, government spending, net exports
According to keynes which of these factors determined the income of the people?
Consumption, Investment, and Government spending
