What does capital expenditure fund?
A
Capital expenditure covers interest payments on government debt and repayments to bondholders.
B
Capital expenditure pays recurring costs such as public-sector wages, medicines and office supplies.
C
Capital expenditure provides cash benefits such as pensions, Universal Credit and housing benefit.
D
Capital expenditure buys long-lasting assets such as roads, hospitals and school buildings.
4.5.1 Public expenditure Flashcards
Flashcards for Edexcel A A Level Economics 4.5.1 Public expenditure, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 26 cards, matched to the Edexcel A A Level Economics (9EC0) specification.