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Economics cover artwork
  1. A Level
  3. Economics Edexcel A

Economics

Economics cover artwork
  1. A Level
  3. Economics Edexcel A
  5. 4.5.1 Public expenditure

4.5.1 Public expenditure

Spec 9EC0

Revise Edexcel A A Level Economics 4.5.1 Public expenditure with the question bank, lessons, revision guides, and flashcards.

a) Distinction between capital expenditure, current expenditure and transfer payments • b) Reasons for the changing size and composition of public expenditure in a global context • c) The significance of differing levels of public expenditure as a proportion of GDP on: • productivity and growth • living standards • crowding out • level of taxation • equality

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