ABSTRACT
Government outlays are either explicit or imputed. Explicit government outlays are either transfer payments or payments for goods and services. Transfer receipts are unrequited receipts, involving no quid pro quo from the government; or receipts from the sale of property, representing asset transactions; or receipts in the form of new money created within the government sector. An imputed government outlay is an expense that does not give rise to a money transfer. The government's outlay for a building is investment expenditure. The foregoing paragraphs sketch the technique of expenditure administration in the budgetary stage that has been common, in both national and subordinate governmental units in nonsocialist countries. The activities of government that can be planned and controlled by output budgeting are those that yield a bundle of products that are more or less homogeneous in quality.
