0
An example of current spending is a household's monthly expenses on groceries, utilities, and rent. These expenditures are necessary for day-to-day living and are typically recurring in nature. Current spending also includes costs related to transportation, healthcare, and entertainment. Unlike capital spending, which involves long-term investments, current spending focuses on immediate consumption needs.
What else can I help you with?
Which of the following is an example of mandatory spending?
Mandatory spending example would be buying groceries. Anything that is a NEED and not a WANT is considered mandatory spending
Example of discretionary spending?
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
What is an example of state spending?
Hospitals, Intergovermental revenue, welfare.
What does the term deficit spending refer to?
Deficit spending is technically spending money that you don't currently possess or spending more money than you earn. For example, the United States spends more money than they earn in GDP a year.
Why is a current account surplus equivalent to foreign investment?
A country where income is greater than spending, has saving greater than investment, and a current account surplus. The excess of income over spending must be balanced by foreign investment, so there will be a financial account deficit to match the current account surplus.
Which of the following is an example of mandatory spending?
Mandatory spending example would be buying groceries. Anything that is a NEED and not a WANT is considered mandatory spending
Which of these is an example of luxury spending?
Travel
The cycle of earning and spending is an example of?
The cycle of earning and spending is an example of a cash flow cycle. This mainly focuses on the income and expenditure.
What is an example of mandatory spending?
Social Security
This national budget is an example of?
deficit spending.
What is an example of a deep current?
The Alaskan current is an example of a deep current.
When does the government maintain spending and taxes at their current rates?
when economy is stable
At which point will the government maintain spending and taxes at their current rate?
when the economy is stable
Example of discretionary spending?
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
What percent of your current income do you need to retire?
The answer to this question depends on your personal situation. One way to determine this is to look at your personal spending budget and then remove any items that do not occur during retirement. For example, most people want to pay off the mortgage before they retire. In that situation they can subtract their mortgage payment from the current spending to determine their retirement spending. Also you need to add back anything that you would spend in retirement but not before. For example, long-term care insurance might be an item you pay for only during your retirement years. Another way to calculate this is to use the rule of thumb that most people spend 75% of their pre-retirement expenditures during retirement. Once you have the retirement spending amount you can calculate the amount of retirement income you need by dividing your retirement spending by (1 + your average tax rate). You can then compare this number to your current income to get the percentage of your current income you need during retire. One last thing, you need to be aware that your retirement income needs to go up each year by inflation to cover the increases in your retirement spending.
Financing the war with borrowed money was a example of?
Deficit Spending
What is an example of state spending?
Hospitals, Intergovermental revenue, welfare.
