Categories: Economics NECO

One of the following is NOT a reason for increase in public expenditure?

A. decrease arising from public debt and its servicing
B. increase in capital expenditure to provide social services
C. increase financial commitment for defence and security
D. increase in recurrent expenditure with regard to wages and salary paid to public servant
E. returns on viable public corporation

Correct Answer:

Option D – increase in recurrent expenditure with regard to wages and salary paid to public servant

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