CURRENT SURPLUS OF GOVERNMENT ENTERPRISES: The excess, during a given period of time, of revenue over cost received by government-operated firms that sell their output through markets and otherwise operate like private, profit-oriented firms. This is one component of the official entry government subsidies less current surplus of government enterprises found in the National Income and Product Accounts maintained by the Bureau of Economic Analysis that separates national income (the resource cost of production) and gross/net domestic product (the market value of production).

     See also | government | firm | cost | market | profit | government subsidies | National Income and Product Accounts | Bureau of Economic Analysis | national income | gross domestic product | net domestic product | gross domestic product and national income | net domestic product and national income |

CURRENT SURPLUS OF GOVERNMENT ENTERPRISES, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2024. [Accessed: July 26, 2024].

Additional information on this term can be found at:

WEB*pedia: current surplus of government enterprises

Back to the GLOSS*arama

The state of resource allocation that exists when the highest level of consumer satisfaction is not achieved from available resources. This state occurs in market exchanges if the price buyers are willing and able to pay for a good does not reflect the satisfaction everyone obtains from the consuming the good or if the price sellers need to charge for a good does not reflect all opportunity cost of producing the good.

Complete Entry | Visit the WEB*pedia

Today, you are likely to spend a great deal of time watching the shopping channel seeking to buy either a pair of gray heavy duty boot socks or a 50-foot blue garden hose. Be on the lookout for small children selling products door-to-door.
Your Complete Scope

This isn't me! What am I?

-- Cato, Roman orator

User Feedback