government expenditure

Related BrainMass Solutions

• total expenditure, total income, and value of production

  325271 Total Expenditure, Total Income, and Value of Production During 2008 on Lotus Island, net taxes were $10 billion; consumption expenditure was $30 billion; government expenditure on goods and services was $12 billion; investment was $15 billion;

• The table gives some information about the U.K. economy in 2

  277 Government expenditure 230 Net taxes 217 Investment 181 Saving

• Expenditures and Expenses

  For example, if the government builds a highway, it is expenditure. The government expenditure is financed by taxes or government borrowings.

• Aggregate expenditures

  MPC = 0.8 Change in Expenditure = Initial Expenditure x (1/1-MPC) => 25 = Initial Expenditure x (1/1-0.8) => Initial Expenditure = 25x0.2 = $5 billion Thus with government spending the government has to spend $5 billion in order to shift the aggregate

• Government Reprocussions of the Patient Protection and Affordable Care Act

  What are the hazards and opportunities associated with shifting healthcare expenditure to government?

• Small Country Expenditures and GDP

  It includes consumption expenditure, government expenditure, investments and the difference between exports and imports within a defined territory.

• unemployment rate

  In the long run, any decline in the government expenditure will shift the AD curve leftward.

• possible combination of government spending increases and tax decreases

  One such possible combination is an increase in government expenditure equal to $4 billion, and a reduction in taxes amounting to $1.25 billion.

• Expenditure and Tax Multipliers

  643299 Changes in Government Purchases Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level.

• increase real GDP

  expenditure So, change in government expenditure = $2 trillion / 6.66 =0.300 trillion Thus the government need to spend 0.300 trillion in order to achieve the goal of $2 trillion