Question

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Give reason:

Economy means the expenses and expenditure of the peoples.

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Answer 1

This is largely the revenueexpenditure of the government, although it also includes capital expenditure. It covers all expenditure not included in the PlanExpenditure. ... Non-Tax Revenue is the recurring income earned by the government from sources other than taxes.

Significant changes to consumer spending in durable and luxury goods can be an important economic indicator. Consumer spendingincreases in these two categories usually represent individuals with higher income. Conversely, spending decreases may indicate lower individual income or consumer confidence.

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