What is public expenditure?
What is public expenditure?

Public expenditure is government spending on goods, services and transfers. It has three main categories: capital expenditure, current expenditure and transfer payments.
Step-by-step lessons covering Edexcel A A Level Economics 4.5.1 Public expenditure for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.