Meaning And Objectives Of Public Finance Jamb Economics Past Questions
Question 11
The main objectives of public expenditure does NOT include?
- A. stabilization of national economy
- B. achievement of a more equitable income distribution
- C. meeting the social needs of the people
- D. revenue sharing and profit maximizationn
Question 12
Government intervention in an economy is often justified on the group that?
- A. wants are unlimited while resources are scarce
- B. productivity is higher in the public than in the private sector
- C. free market may not work, or produce desirable results
- D. opportunity cost of government expenditure is zero
