WAEC Economics 2008 Question 41

Question 41

Public Finance

Public finance is basically an analysis of the

  1. A.income and expenditure of government
  2. B.expenditure patterns of government
  3. C.current and capital receipts of government
  4. D.current and capital expenditure of government.
Show the answer and explanation

Answer: A (income and expenditure of government)

Explanation

Public finance studies how government raises revenue and how it spends it.