6 Questions
Why is public expenditure an important aspect of fiscal policy?
It can influence economic growth and stability
What is the correct spelling of the term?
Public expenditure
What does 'public expenditure' refer to?
Government spending on public services and goods
Which of the following best defines public expenditure?
Spending by the government on goods and services
What is the primary purpose of public expenditure?
Promoting economic growth and development
In the context of fiscal policy, what role does public expenditure play?
Influencing aggregate demand and employment levels
The correct spelling is "public expenditure". Public expenditure refers to the spending by the government on goods and services, as well as transfer payments. It is an important aspect of fiscal policy as it can affect the overall economy, employment, and income distribution. This quiz will test your knowledge of public expenditure and its significance in fiscal policy.
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