A component of Keynesian expenditures, government purchases can be used as a tool for a government to influence the business cycle and provide economic stimulation when it is deemed necessary.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Government spending — or government expenditure is classified by economists into three main types. [Robert Barro and Vittorio Grilli (1994), European Macroeconomics , Ch. 15 16. Macmillan, ISBN 0333577647.] Government purchases of goods and services for current use… … Wikipedia
Government procurement in the United States — is based on many of the same principles as commercial contracting, but is subject to special laws and regulation as described below. Persons entering into commercial contracts are pretty much free to do anything that they can agree on. Each… … Wikipedia
Government incentives for plug-in electric vehicles — Plug in electric vehicles subject to incentives in some countries include battery electric vehicles, plug in hybrids and electric vehicle conversions. Government incentives for plug in electric vehicles have been established by several national… … Wikipedia
Government contract — Contracting with the U.S. Government is based on many of the same principles as commercial contracting andcan be very profitable, but is sufficiently different from commercial contracting to require special care.Persons entering into commercial… … Wikipedia
government economic policy — ▪ finance Introduction measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three … Universalium
Government of Oklahoma — The government of the US State of Oklahoma, established by the Oklahoma Constitution, is a republican democracy modeled after the Federal government of the United States. The state government has three branches: the executive, legislative, and… … Wikipedia
Government-Wide Acquisition Contract - GWAC — A contract in which multiple government agencies align their needs and purchase a contract for goods or services. Government wide acquisition contracts allow for economies of scale, which usually reduce per unit costs. These contracts are… … Investment dictionary
Government Art Collection — The United Kingdom s Government Art Collection (GAC) places works of art in major Government buildings in the UK and around the world to promote British art, culture and history.Works are displayed in several hundred locations, including Downing… … Wikipedia
Government-Owned Property — Assets owned by federal, state or local governments. This may include residential, commercial and industrial land, as well as other physical assets, such as machinery. Property may become government owned property through normal purchases or if… … Investment dictionary
Outright Purchases — Government securities purchased outright by the authorities, with no agreement to subsequently sell them through a repurchase pact or reverse repo. ► See Repurchase Pact (Repurchase Agreement), Reverse Repo … Financial and business terms