Government Expenditures
Government expenditures refer to the total amount of money that a government spends on various services and programs. This includes spending on public services such as education, healthcare, infrastructure, and defense. These expenditures are funded through tax revenues, borrowing, and other sources of income.
Government expenditures play a crucial role in the economy by influencing overall demand and providing essential services to citizens. They can stimulate economic growth during downturns by creating jobs and supporting businesses. Additionally, effective management of these expenditures is vital for maintaining a balanced budget and ensuring long-term financial stability.