passwella.
Menu

WAEC Economics 2009 Question 41

Question 41

Public Finance

Government expenditure on the construction of roads and bridges is

  1. A.recurrent expenditure
  2. B.capital expenditure
  3. C.supplementary expenditure
  4. D.variable expenditure
Show the answer and explanation

Answer: B (capital expenditure)

Explanation

Roads and bridges are long-lasting assets, so spending on them is capital expenditure.