Government Consumption in Economy Formulas

Government Consumption is something that buys goods and services produced in the economy and which is not a transfer payment of money collected in taxation from one group in society to another. And is denoted by G.

Economy formulas that make use of Government Consumption

fxGross Domestic ProductGo

FAQ

What is the Government Consumption?

Government Consumption is something that buys goods and services produced in the economy and which is not a transfer payment of money collected in taxation from one group in society to another.

Can the Government Consumption be negative?

{YesorNo}, the Government Consumption, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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