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JAMB Economics 1993 Question 36

Question 36

Public Finance

Which of the following can be considered as being outside the objectives of public finance?

  1. A.The allocation of resources to various sectors of the economy
  2. B.The objective of even distribution of income and wealth
  3. C.The achievement of economic stability
  4. D.The deregulation of the economy
Show the answer and explanation

Answer: D (The deregulation of the economy)

Explanation

Allocation, distribution and stabilisation are the aims of public finance; deregulation is a policy of withdrawing government control.