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What is national expenditure?
It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.
Give examples of each of the 4 types of aggregate expenditure Which of the 4 represent the largest share of GDP in Australia Can any of the expenditure components ever be negative Explain?
The four components of aggregate expenditure are: consumption- household spending on durable and non durable goods and services, such as necessities like health care, food etc. (60% of total spending) Investment- Business expenditure on new capital equipment which will go on to produce final goods and services in the future. Eg. tools, sewing machines, aircrafts, factories. (15-20% of total spending) Government- current expenditure that provides for day to day functions of government. - Also includes capital expenditure to provide for future needs e.g. schools, roads, power etc. (20-25% of total spending) Net Exports- the value of goods and services sold to overseas companies, minus the value of goods and services bought from overseas.( +1 ~ -1% of total spending) Aggregate expenditure can be expressed by an equation that involves these four components. AE= C (consumption) + I ( investment) + G (government) + (X-M) (Net exports)
What does investment affect in the keynesian model?
Government expenditure.
How a government might finance its expenditure?
tax, revenue from government enterprises and tariffs, government borrowing, selling government businesses.
How do you calculate government expenditures?
calculate the amount "government expenditure" must change, if the MPS is .25
What isgovernment expenditure?
Government Expenditure is Government Spending. Government expenditure is how money is used to achieve national goals.
Can any of the expenditure components ever be negative?
Yes, the expenditure components can be negative. This can be so if their value exceeds the amount of money that the owner has.
What is expenditure authority as used in government?
expenditure authorization is
What are two Malaysia government expenditure?
1) operating expenditure 2) development expenditure
What is the US government's yearly expenditure versus 600000 at first?
What is the US government's yearly expenditure versus 600000 at first?"
Distinction between Plan and non-Plan expenditure?
Plan expendirture includes the expenditure of government in the productive assets through centrally sponsored scheme and flagship scheme whereas Non-plan expenditure includes expenditure made by the government for routine normal activities of government e.g. expenditure on salaries, pensions, administrative expenses etc.,
What is government expenditure?
The largest category of state spending, for e2020.
What is planned expenditure in government budget?
Planned expenditure is how much money a business plans to spend.
What is national expenditure?
It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.
Give examples of each of the 4 types of aggregate expenditure Which of the 4 represent the largest share of GDP in Australia Can any of the expenditure components ever be negative Explain?
The four components of aggregate expenditure are: consumption- household spending on durable and non durable goods and services, such as necessities like health care, food etc. (60% of total spending) Investment- Business expenditure on new capital equipment which will go on to produce final goods and services in the future. Eg. tools, sewing machines, aircrafts, factories. (15-20% of total spending) Government- current expenditure that provides for day to day functions of government. - Also includes capital expenditure to provide for future needs e.g. schools, roads, power etc. (20-25% of total spending) Net Exports- the value of goods and services sold to overseas companies, minus the value of goods and services bought from overseas.( +1 ~ -1% of total spending) Aggregate expenditure can be expressed by an equation that involves these four components. AE= C (consumption) + I ( investment) + G (government) + (X-M) (Net exports)
What does investment affect in the keynesian model?
Government expenditure.
How a government might finance its expenditure?
tax, revenue from government enterprises and tariffs, government borrowing, selling government businesses.
