What is Government Spending

Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure. Government acquisition of goods and services intended to create future benefits, such as infrastructure investment or research spending, is classed as government investment. These two types of government spending, on final consumption and on gross capital formation, together constitute one of the major components of gross domestic product.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Government spending

Chapter 2: Economy of Eritrea

Chapter 3: Deficit spending

Chapter 4: Government budget balance

Chapter 5: National debt of the United States

Chapter 6: Tax cut

Chapter 7: Consumer spending

Chapter 8: Austerity

Chapter 9: Crowding out (economics)

Chapter 10: Public expenditure

Chapter 11: Economy of Wales

Chapter 12: Fiscal policy of the United States

Chapter 13: United States federal budget

Chapter 14: Government budget

Chapter 15: Subsidies in India

Chapter 16: 2009 Australian federal budget

Chapter 17: Expenditures in the United States federal budget

Chapter 18: Political debates about the United States federal budget

Chapter 19: Deficit reduction in the United States

Chapter 20: Federal budget of Switzerland

Chapter 21: Government spending in the United States

(II) Answering the public top questions about government spending.

(III) Real world examples for the usage of government spending in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of government spending.