Government Revenue (Noun)
Meaning
Income available to the government.
Classification
Nouns denoting possession and transfer of possession.
Examples
- Government revenue can come from various sources such as taxes, fees, and interest on investments.
- A significant portion of the government revenue is utilized for infrastructure development, public healthcare, and education.
- Government revenue rose by 15% due to increased economic activity in the past year.
- Economists suggest that diversifying the sources of government revenue can help stabilize the economy during times of crisis.
- Sources of government revenue may vary between countries depending on the specific economic conditions and policies of each nation.