What does capital spending create?
A
Capital spending creates long-lived assets such as roads, schools and hospitals.
B
Capital spending covers recurring costs such as wages, maintenance and electricity.
C
Capital spending redistributes income through benefits and pensions.
D
Capital spending pays for goods and services used immediately by households.
5.2.5 government spending Flashcards
24 flashcards on CIE Intl A Level Economics 5.2.5 government spending: the key terms and definitions you need to recall.