Fiscal Policy refers to the Government spending and income to run a country and support the growth. It mainly deals with the Budget allocation, Government spending, Government income, taxation, fiscal deficit, Government borrowings, current account deficit and surplus and trade deficit and surplus. All these terms will be explained in much detail. Let us first […]Continue Reading... No Comments.
Expenditure approach is the most popular approach to calculate the GDP of a country. It calculates the total spending by the individuals (citizens) and Government to reach out the GDP figure. As per the expenditure method the GDP is calculated as GDP = Consumption (C) + Investment (I) + Government Spending (G) + […]Continue Reading... No Comments.