Which of the following are the causes of public debt of a country?
A) War or war-preparedness, including nuclear programmes
B) To cover the budget deficits on current account
C) To undertake public welfare schemes
D) All of the above
Correct Answer:
Verified
Q15: The difference between total expenditure and total
Q16: Maximum Social Advantage is achieved,
A)at the point
Q17: Which one of the following economists introduced
Q18: In a free market economy, self-interested individuals
Q19: The role of Government would be highest
Q20: Taxes are levied to
A)Provide general benefits to
Q21: Which of the following factors contribute to
Q23: Which of the following statement is INCORRECT
Q24: Public Debt means
A)Borrowing by a Government from
Q25: Debt obligations of the government that have
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