Advertisements
Advertisements
Question
Public expenditure is incurred by the ______.
Options
government authorities
people
Both government authorities and people
Neither government authorities nor people
MCQ
Fill in the Blanks
Solution
Public expenditure is incurred by the government authorities.
Explanation:
Public expenditure refers to the spending carried out by government authorities at different levels (local, state, or national) to provide public services, infrastructure, defence, education, healthcare, etc. The government manages and carries it out in order to serve society's needs and promote economic growth.
shaalaa.com
Is there an error in this question or solution?