consumption spending
Consumption is largest spending components of GDP.It consists of private(household final consumption expenditure) in the economy.
prosperity
The factors that influence consumer spending include disposable income and consumer confidence. Disposable income relates to the amount of money a household has left over after their bills have been taken into account. Consumer confidence relates to the consumer's view of the current economy while taking into consideration their own financial circumstances.
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
consumption spending
This depends on how many people live in the household.
What type of software could be used for each of the followingcalculating household income and spending?
yes
Consumption is largest spending components of GDP.It consists of private(household final consumption expenditure) in the economy.
prosperity
No, just like spending time with your mom or dad does not cause you to identify yourself as the Head of Household on a US Census.
Any spending that will not fall into any of the other categories (investment, Government, and Net Exports) -So taxes would go to government spending, etc.
One can download a free household accounts software from a website called NCH Software. It allows a user to keep track of spending, monitor bank account balances, and categorize purchase transactions.
If a household has more income, they can now afford to buy more goods and services. Therefore, spending will increase and demand increases.
I am assuming you are referring to an individual basis. You cannot deduct miscellaneous cash spending on a personal tax return. You cannot deduct household expenses on your tax return either. You cannot deduct your regular cost of living expenses.
A family credit counselor aids people in managing their debts. They can assist in teaching how to improve credit ratings, managing debts and household spending plans.