Difference between revisions of "Final Uses"
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In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP: | In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP: | ||
* Personal consumption expenditures | * Personal consumption expenditures | ||
| − | * | + | * Private fixed investment |
| − | * | + | * Change in private inventories |
| − | * | + | * Exports of goods and services |
| − | * | + | * Imports of goods and services and |
* Federal, state, and local government consumption expenditures and gross investment (including investment by government enterprises). | * Federal, state, and local government consumption expenditures and gross investment (including investment by government enterprises). | ||
| + | |||
| + | == See Also == | ||
| + | * [[Final Demand]] | ||
| + | * [[Final Output]] | ||
== References == | == References == | ||
Latest revision as of 18:06, 16 November 2023
Definition
Final Uses. The consumption of the goods and services that are produced and distributed in the economy. [1]
In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP:
- Personal consumption expenditures
- Private fixed investment
- Change in private inventories
- Exports of goods and services
- Imports of goods and services and
- Federal, state, and local government consumption expenditures and gross investment (including investment by government enterprises).
See Also
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
