What's it: Government discretionary spending is an item in government spending where the allocation is at the government's discretion and is
What's it: Government capital expenditure refers to spending to create long-term assets in the economy. An example is money spent on building
What's it: Government current expenditures represent spending on day-to-day operations, including administrative activities and public services.
What's it: Transfer payments are payments by the government to the private sector without having to pay for the goods and services provided.
What's it: Government expenditure refers to the money the government spends on goods and services or other items. Examples are expenditures on
What's it: Autonomous expenditure is unaffected by income level. In other words, they will still exist even if the income equals zero. Spending