Government transfer payments are direct payments made by the government to individuals or families, typically with the goal of providing financial assistance to those in need.

Government consumption spending refers to the purchase of goods and services by the government for its own use, such as salaries for government employees.

Government investment spending is the government's expenditure on physical assets, such as public infrastructure projects, with the goal of improving the economy's productive capacity.

Debt service payments are government expenditures used to pay interest and principal on the national debt.

A budget deficit occurs when government spending exceeds its revenue, resulting in a negative fiscal balance.

Government investment spending is often used as a tool to promote economic growth by increasing the productive capacity of the economy.

Government subsidies are financial assistance provided by the government to specific industries or sectors with the goal of promoting economic growth.

Government transfer payments are direct payments made by the government to individuals or families, typically with the goal of providing financial assistance to those in need.

A budget surplus occurs when government revenue exceeds its spending, resulting in a positive fiscal balance.

Government investment spending is the government's expenditure on physical assets, such as public infrastructure projects, with the goal of improving the economy's productive capacity.

Government grants are financial assistance provided by the government to specific industries or sectors with the goal of promoting economic growth.

Debt service payments are government expenditures used to pay interest and principal on the national debt.

A fiscal balance occurs when government revenue equals its spending, resulting in a balanced budget.

Government investment spending is the government's expenditure on physical assets, such as public infrastructure projects, with the goal of improving the economy's productive capacity.

Government subsidies are financial assistance provided by the government to specific industries or sectors with the goal of promoting economic growth.