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Government Spending
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AGD91B0DTO1
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Geliefert zwischen Do., 30.04.2026 und Fr., 01.05.2026
Details
Government spending or government expenditure is classified by economists into three main types. Government purchases of goods and services for current use are classed as government consumption. Government purchases of goods and services intended to create future benefits, such as infrastructure investment or research spending, are classed as government investment. Government expenditures that are not purchases of goods and services, and instead just represent transfers of money, such as social security payments, are called transfer payments. Government spending can be financed by seigniorage, taxes, or government borrowing. The first two types of government spending, namely government consumption and government investment, together constitute one of the major components of gross domestic product. John Maynard Keynes was one of the first economists to advocate government deficit spending as part of the fiscal policy response to an economic contraction. In Keynesian economics, increased government spending is thought to raise aggregate demand and increase consumption.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09786130624224
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- Sprache Englisch
- Genre Medien & Kommunikation
- Anzahl Seiten 128
- Größe H220mm x B150mm x T8mm
- Jahr 2010
- EAN 9786130624224
- Format Fachbuch
- ISBN 978-613-0-62422-4
- Titel Government Spending
- Untertitel Investment, National Income and Product Accounts, Tax, Debt, John Maynard Keynes, Deficit spending, Recession, Keynesian economics, Consumption (economics), Classical economics, Great Depression
- Gewicht 207g
- Herausgeber Alphascript Publishing
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