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Economics N5 prelim revision guaranteed A
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10

november 2024

2024/2025

A+
Economics N5 prelim revision guaranteed A What is public sector expendature? ️️Spending by centeral goverment, local government and public corporations What is capital expendature ️️Spending on long term projects, this helps to create productive capacity (e.g building hospitals ) What is current expendature ️️This covers day to day running costs of government (e.g the pay of public sector workers) What is a transfer payment ️️A payment to an individual or firm for w...
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