Expenditure that creates no physical or financial assets of the govern…

Question

Expenditure that creates no physical or financial assets of the government is:

Accepted Answer

D. Revenue expenditure

1. It covers normal functioning, interest and grants.
2. This is revenue expenditure.
3. Capital expenditure builds assets.
_Source: syllabus Introductory Macroeconomics, Chapter 5, Government Budget and the Economy._

Answer

Capital expenditure

Answer

Plan expenditure

Answer

Asset expenditure

Expenditure that creates no physical or financial assets of the government is:

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