{"id":5482,"date":"2019-02-14T10:41:14","date_gmt":"2019-02-14T05:11:14","guid":{"rendered":"http:\/\/astan.lk\/al_virtualclassroom\/?p=5482"},"modified":"2019-02-16T10:23:52","modified_gmt":"2019-02-16T04:53:52","slug":"national-accounts-using-the-expenditure-approach","status":"publish","type":"post","link":"https:\/\/astan.lk\/al_virtualclassroom\/national-accounts-using-the-expenditure-approach\/","title":{"rendered":"National Accounts using the Expenditure approach"},"content":{"rendered":"<p>Expenditure on final consumer goods like food, clothes etc and services by households is explained as private consumption expenditure.<\/p>\n<h3>\n<span style=\"color: #000000;\">Gross investment can be classified as<\/span><\/h3>\n<ul>\n<li><span style=\"color: #000000;\">Gross domestic fixed capital formation<\/span><\/li>\n<li><span style=\"color: #000000;\">Change in stocks ( Inventories)<\/span><\/li>\n<\/ul>\n<p>\u2022 Government purchases are the expenditures on goods and services by the government.<br \/>\n\u2022 Net exports is the difference between exports and imports.<br \/>\n\u2022 value of gross domestic expenditure comprises private consumption, gross<br \/>\ninvestment and government purchases.<br \/>\n\u2022 Expenditure on gross domestic production can be calculated by adjusting net exports<br \/>\nto gross domestic expenditure.<br \/>\n\u2022 Expenditure on Gross National Production can be calculated by adjusting Net Foreign<br \/>\nFactor Income to Expenditure on Gross Domestic Productions<\/p>\n<h3>\n<span style=\"color: #000000;\">The following types of expenditure are excluded by considering only effective economic activities<\/span><\/h3>\n<ul>\n<li><span style=\"color: #000000;\">Transfer payments<\/span><\/li>\n<li><span style=\"color: #000000;\">Transactions of resale of goods<\/span><\/li>\n<li><span style=\"color: #000000;\">Expenditure on intermediate goods<\/span><\/li>\n<li><span style=\"color: #000000;\">Expenditure on financial papers.<\/span><\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Structure of resources can be explained as<\/span><\/h3>\n<p>Total resources = Gross domestic production + goods and non factor services imports.<\/p>\n<h3><span style=\"color: #000000;\">Utilization of resources can be explained as<\/span><\/h3>\n<p>Utilization resources = Private consumption + Government consumption + Gross domestic capital formation + Goods and Non factors services exports.<br \/>\n(Explain using related data in Sri Lanka)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expenditure on final consumer goods like food, clothes etc and services by households is explained as private consumption expenditure. Gross investment can be classified as Gross domestic fixed capital formation Change in stocks ( Inventories) \u2022 Government purchases are the expenditures on goods and services by the government. \u2022 Net exports is the difference between [&hellip;]<\/p>\n","protected":false},"author":842,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,2685],"tags":[],"class_list":["post-5482","post","type-post","status-publish","format-standard","hentry","category-economics","category-unit-4-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>National Accounts using the Expenditure approach - Learning &amp; Education Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/astan.lk\/al_virtualclassroom\/national-accounts-using-the-expenditure-approach\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Accounts using the Expenditure approach - Learning &amp; Education Portal\" \/>\n<meta property=\"og:description\" content=\"Expenditure on final consumer goods like food, clothes etc and services by households is explained as private consumption expenditure. 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