Government Income (Noun)
Meaning
Income available to the government.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The country's government income largely consisted of taxes imposed on its citizens and businesses.
- A portion of the nation's government income was allocated to funding educational institutions.
- Government income from tourism contributes significantly to the small island nation's economy.
- Government income derived from state-owned enterprises played a crucial role in shaping the nation's fiscal policy.
- The reduction in government income due to the economic downturn forced the administration to implement austerity measures.