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Consumption Expenditures plus Investment plus Government Expenditures equals?
GNP
What data is used to calculate GDP?
C+I+G+S=GDP C=consumption I=investment G=government expenditures S=net export
Explain why the government consumption expenditures G components of GDP falls short of actual government expenditures?
Government consumption considers spending on defense, judicial system, education, etc... It does not take into account expenditures such as unemployement benefits and social security.
What are the types of government expenditures?
Mandatory & Discretionary
Deffrentiate between surplus and deficit?
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
Consumption Expenditures + Investment + Government Expenditures = _______.?
cfc
Consumption Expenditures plus Investment plus Government Expenditures equals?
GNP
What data is used to calculate GDP?
C+I+G+S=GDP C=consumption I=investment G=government expenditures S=net export
Explain why the government consumption expenditures G components of GDP falls short of actual government expenditures?
Government consumption considers spending on defense, judicial system, education, etc... It does not take into account expenditures such as unemployement benefits and social security.
What are the types of government expenditures?
Mandatory & Discretionary
Deffrentiate between surplus and deficit?
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
What has the author Barry D Rosenfeld written?
Barry D. Rosenfeld has written: 'Canadian government expenditures, 1871-1966' -- subject(s): Appropriations and expenditures, Canada, Expenditures, Public, Finance, Public, Government spending policy, Public Expenditures, Public Finance
What has the author Morris Beck written?
Morris Beck has written: 'Government spending' -- subject(s): Appropriations and expenditures, Expenditures, Public, Public Expenditures
When government revenues and expenditures are equal there is?
A balanced budget
What has the author FS Jones written?
F.S Jones has written: 'A programming model of government expenditures' -- subject(s): Expenditures, Public, Mathematical models, Public Expenditures
How is the expenditures approach used to calculate it?
The expenditure approach calculates GDP by summing the four possible types of expenditures as follows:GDP=Consumption etc.
What are the expenditures of the Philippines' government?
the Philippine expenditure is very high!
