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How do institutions and resources affect human resource management?
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability to others, such as public parks and national defense.
Fiscal Policy
Changes in government spending and tax collections designed to achieve full employment, price stability, and economic growth; also called discretionary fiscal policy.
Taxes
Mandatory financial charges imposed by a government on individuals, corporations, and other entities to fund public expenditures.
Government Spending
The total amount of public funds that a government disburses on various services and projects.
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