the ratio of workers to retirees will be low, which will lower the income tax base from which to fund Social Security
Yes, government spending is included in the expenditures calculations of GDP.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
it is the share of government spending in total spending in the economy
no
Yes, government spending is included in the expenditures calculations of GDP.
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
the macroeconomic objectives being pursued by the government will greatly influence government spending . a government aiming to reduce employment and promote economic growth is likely to pursue an expansionary fiscal policy , thus increasing government spending where as a government aiming to control inflation is likely to follow a contractions policy thus reducing its spending.
The approval of government spending comes from Congress. It is referred to as the budget resolution or the deficit resolution.
The approval of government spending comes from Congress. It is referred to as the budget resolution or the deficit resolution.
it is the share of government spending in total spending in the economy
growing levels of government spending <------------------ APEX :)
taxes
Its just another way for the Government to receive a spending tax, re GST ( government spending tax )
growing levels of government spending
Deficit spending.
The National Debt is the responsibility of the government. This debt comes from government spending. This spending is acquired from government programs and foreign aid.