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What is public expenditure? - Economics

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Question

What is public expenditure?

Answer in Brief

Solution

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, provision, infrastructure, and so on.

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

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 9 Introduction to Public Finance
QUESTION BANK | Q 4. | Page 164
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