Government Expenditures Measure

A Government Expenditures Measure is an organizational expenditures for a government entity.

• Context:
  • It can range from being an International Government Expenditures Measure, National Government Expenditures Measure, Province/State Expenditures Measure, or City Expenditures Measure.
  • It can range from being a Predicted Government Expenditures to being an Actual Government Expenditures.
  • It can be measured as a proportion of National GDP: Government Spending / GDP.
  • …
• Example(s):
  • City Expenditures, such as: Palo Alto City's for 2016.
  • Government-funded Social Welfare Spending Measure, ...
  • Military Spending Measure, ...
  • …
• Counter-Example(s):
  • Government Revenues.
• See: National Income Accounting, Government Final Consumption Expenditure, Gross Fixed Capital Formation, Government Debt, Taxes, Fiscal Policy.

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References

2018

• http://washingtonpost.com/opinions/a-debt-crisis-is-coming-but-dont-blame-entitlements/2018/04/08/968df5c2-38fb-11e8-9c0a-85d477d9a226_story.html
  • QUOTE: … The primary reason the deficit in coming years will now be higher than had been expected is the reduction in tax revenue from last year’s tax cuts, not an increase in spending. This year, revenue is expected to fall below 17 percent of gross domestic product — the lowest it has been in the past 50 years with the exception of the aftermath of the past two recessions.

2015

• (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Government_spending Retrieved:2015-12-14.
  • 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 (government gross capital formation). 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.

    Government spending can be financed by government borrowing, seigniorage, or taxes. Changes in government spending is a major component of fiscal policy used to stabilize the macroeconomic business cycle.

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