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Public Expenditure
SUBJECT : Economics
PUBLISHED ON : 09/12/13
NUMBER OF PAGES : ( 10 Pages)
PRICE : Rs 7.5

Public expenditure is that expenditure of the public authorities - central, state and local governments to satisfy the common wants of the people. Public expenditure tends to satisfy collective social wants. Before the 19th century economists gave very little attention to public expenditure. The governments used to perform only civil administration and the defence of the country against external aggression.

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