What's is: Household consumption refers to the final household expenditure on goods and services. Items can be classified as durable goods,
Expenditure Approach
Government Expenditure: Components and Effects on the Economy
What's it: Government expenditure refers to the money the government spends on goods and services or other items. Examples are expenditures on
Net Exports: Meaning, Formula, How to Calculate, Determinants, Impacts
Net exports are equal to exports minus imports. Exports represent foreigner purchases for domestic goods and services. Imports are purchases of