Household final consumption. Rank positions in a sample of 55 countries (and 11 indicators)
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Scientific Study from the year 2013 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, abstract: Macroeconomic category "Household final consumption expenditure, etc." essentially (and in simplified terms) is part of GDP, which is (in one way or another) extracted from the real sector of the economy. It is clear that he does not spend the whole finally and promptly. The reasons are both economic and technical, and here we can not go into detailed explanation. There is important to highlight two other important implications: (1) Th...
Scientific Study from the year 2013 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, abstract: Macroeconomic category "Household final consumption expenditure, etc." essentially (and in simplified terms) is part of GDP, which is (in one way or another) extracted from the real sector of the economy. It is clear that he does not spend the whole finally and promptly. The reasons are both economic and technical, and here we can not go into detailed explanation. There is important to highlight two other important implications: (1) This means that the gross domestic savings (accumulation) is not only the primary form of retained profits in the real economy (in mikrokonomskm entities), but also (2) that extracted portion of GDP (the part that is not consumed promptly) outside the sector of the real economy, secondarily formed (included in) the gross domestic savings (accumulation). This opens up the possibility, moreover,necessity of known traditional function of time (term), space and special purpose transformation part of GDP extracted from the real sector of economy.
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