Search results
Results from the WOW.Com Content Network
Transfer payments to (persons) as a percent of federal revenue in the United States Transfer payments to (persons + business) in the United States. In macroeconomics and finance, a transfer payment (also called a government transfer or simply fiscal transfer) is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return ...
For example, interest received in the home-country from a bond bought abroad or deposits held abroad are a credits. The repatriated profit of a home company that has a factory abroad or the dividents paid to a home country investor from shares bought of a company abroad is also a credit. Current transfers
Transfer payments to (persons) as a percent of Federal revenue in the United States Transfer payments to (persons + business) in the United States. The United States federal budget is divided into three categories: mandatory spending, discretionary spending, and interest on debt.
Net interest and miscellaneous payments: 543.00 Taxes on production and imports: 798.10 Less: subsidies: −46.70 Business current transfer payments (net) 77.70 Current surplus of government enterprises: 9.50 Equals: national income (NI) 9,679.60: Statistical discrepancy: 25.60 Equals: net national product (NNP) 9,705.20: Consumption of fixed ...
Country foreign exchange reserves minus external debt. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
In Keynesian economics, the transfer payments multiplier (or transfer payment multiplier) is the multiplier by which aggregate demand will increase when there is an increase in transfer payments (e.g., welfare spending, unemployment payments). [1] Transfer payments are not in the same theoretical category as government spending on goods and ...
Cash transfer programmes in developing countries are constrained by three factors: financial resources, institutional capacity and ideology. [3] Governments in poorer countries tend to have restricted financial resources, and are therefore limited in the amount they can invest both directly in cash transfers and in measures to ensure that such programmes are effective. [3]
For example, the U.S. government's progressive-rate income tax policy is redistributive because much tax revenue goes to social programs such as welfare and Medicare. [ 29 ] In a progressive income tax system, a high income earner will pay a higher tax rate (a larger percentage of their income) than a low income earner; and therefore, will pay ...