GOVERNMENT SUBSIDIES: Transfer payments from the government sector to the business sector that do not involve current production. 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 sector | National Income and Product Accounts | Bureau of Economic Analysis | gross domestic product | net domestic product | national income | gross domestic product and national income | net domestic product and national income |
