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Somebody plzzzzzz explain me about the Conclusion of public expenditure |
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Answer» Answer: It is incurred by the GOVERNMENT to PROVIDE public goods & services, and to service debts. The expansion in government ACTIVITIES during the planning PERIOD has resulted in a huge rise in the public expenditure. ... The RATIO of public expenditure to GDP has increased steadily from 9.1% in 1950-51 to 28.3 in 2005-06. |
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