Short Notes: Government spending
Posted by Ripon Abu Hasnat on Tuesday, May 27, 2014 | 0 comments
The
total outlays by government on goods and services during some accounting
period, usually a year. Government outlays such as welfare benefits to
households, for example, are normally excluded from this amount on the grounds
that they are merely transfers of income from taxpayers to the beneficiaries of
such programs.
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