Public expenditure
What Public expenditure means in Economics A-Level, as defined for AQA.
Definitions of Public expenditure
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
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Reference: AQA
Spending categorised into current expenditure on day-to-day running costs, capital expenditure on long-term infrastructure, and transfer payments that redistribute income without a corresponding output.
State spending on public and merit goods, such as funding the NHS to ensure adequate healthcare provision.
Topics that use Public expenditure
- Fiscal policy (AQA A-Level)
- Government intervention in markets (AQA A-Level)
Related terms
- Aggregate demand and supply
- Aggregate supply
- Automatic stabilisers
- Budget balance
- Budget deficit
- Budget surplus
- Crowding out
- Direct taxes
Using Public expenditure in the exam
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