An example of government's recurrent expenditure is
An example of government's recurrent expenditure is
Electrification projects in rural areas
The cost of building a school
Purchase of new vehicles
Paying salaries of workers
Correct answer is D
The cost of paying salaries of workers is an example of government's recurrent expenditure. Recurrent expenditure is a type of government spending that is necessary to keep the government running on a day-to-day basis. It includes costs such as salaries, benefits, and pensions for government employees, as well as the cost of operating government buildings and facilities.
The principle of comparative cost advantage was propounded by ...
Infant industries are industries that ...
From the above, calculate the price elasticity of demand ...
Which of the following hinder(s) effective distribution of goods in Nigeria? ...
In the national income and product accounts, double counting is avoided if ...
In the theory of the consumer behavior, a consumer is said to maximize utility when ...
Economists refer to private goods as ...
The problems of conducting census include ...
Which of the following is not a concept in National Income Accounting? ...
The national income of a country can be estimated by the ...