2. What can we learn from the sentence "Expenditure for education has become the largest spending of our public finance"?A. Education is now the most important thing for Chinese people's livelihood.B. Spending on Chinese education system is large because of its sheer size.C. The proportion ...
The expenditure approach is a method of calculating GDP by adding up the money spent on goods and services. It consists of four...
and productivity and increase its revenue in the long term. But they often require a significant outlay of money and may also necessitate borrowing. For that reason, companies will typically perform acost-benefit analysisto determine whether a particular capital expenditure will be worth the ...
In some ways I think that the government is a little bit too quiet about their expenditure. Most of the time the government spending breakdown that people see is just a giant pie graph and it's hard to tell what is really going on. ...
Public expenditure is a situation in which a government spends money to pay for services that benefit the community as a whole...
What are the four largest categories of expenditures of the federal government? The federal government's major outlay in its budget is what, and its major source of revenue is what? What are the components of aggregate expenditure? What are the main roles of governments?
"The close attention paid by the government and the country to innovation as an engine of growth is paying off," said Daren Tang, director general of the World Intellectual Property Organization. Indeed, China's historic progress in building an innovative country attests to the judgment: science...
What is government budget deficit? How does it affect interest rate, investment and economic growth? How do interest rates, other things remaining equal, determine a bank's holding of excess reserves? How does an expected deposit outflow affect excess reserves, the money multiplier, an...
which is sometimes referred to as GDP(I), is the sum of the aggregate compensation paid to employees, business profits, and taxes lesssubsidies. The expenditure method already discussed is the more common approach and is calculated by adding private consumption and investment, government spending, ...
What is GDP minus government revenue?Gross domestic product:Gross domestic product is the market value of final goods and services produced within the economy within the given time period. It is the summation of consumption, investment, government expenditure, and net exports....