The income expenditure model of economics was developed by John Maynard Keynes to explain fluctuations in production of goods and services and spending. The model basically states that we produce as ...

On April 7, 2008, the IMF's Executive Board endorsed a new income and expenditure framework that will put the institution on a sound financial footing, focus resources on its core competencies, and ...

Model will generate income in three new ways Budget cuts to accompany income measures New income measures will take time to implement Under the new income framework, endorsed by the Executive Board, ...