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What is public expenditure? - Economics

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Question

What is public expenditure?

Very Short Answer
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Solution 1

Central government, state government, and municipal bodies are responsible for their own upkeep, satisfying the collective needs of citizens and encouraging their economic and social growth. These include pensions, provisions, infrastructure, and so on.

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Solution 2

The costs incurred by the government to maintain the government and provide social assistance to the populace are referred to as public expenditures.

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Chapter 9: Introduction to Public Finance - QUESTION BANK [Page 164]

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