Examlex
On the liability side of the Bank of Canada's consolidated balance sheet, the three main categories are:
Net Exports
Net Exports is the value of a country's total exports minus its total imports, representing the net effect of foreign trade on the economy.
Government Purchases
Expenditures by government entities for goods and services that directly consume economic output.
Real GDP
Refers to the total economic output of a country, adjusted for price changes or inflation, measured in constant prices.
Government Purchases
These are expenditures made by government entities for goods and services that directly satisfy public needs or are used to produce other goods and services for public consumption.
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