Question

explain the goals of public expenditure​

Answer 1

ᴘᴜʙʟɪᴄ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ɪs ᴛʜᴇ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ɪɴᴄᴜʀʀᴇᴅ ʙʏ ᴛʜᴇ ᴘᴜʙʟɪᴄ ᴀᴜᴛʜᴏʀɪᴛɪᴇs ᴛᴏ sᴀᴛɪsғʏ ᴛʜᴏsᴇ ᴄᴏᴍᴍᴏɴ ᴡᴀɴᴛs ᴡʜɪᴄʜ ᴛʜᴇ ᴘᴇᴏᴘʟᴇ ɪɴ ᴛʜᴇɪʀ ɪɴᴅɪᴠɪᴅᴜᴀʟ ᴄᴀᴘᴀᴄɪᴛʏ ᴀʀᴇ ᴜɴᴀʙʟᴇ ᴛᴏ sᴀᴛɪsғʏ ᴇғғɪᴄɪᴇɴᴛʟʏ.

ƒσłłσωıηg αяє тнє σвjєcтıѵєs σƒ ρυвłıc єxρєη∂ıтυяє:-

• мαxıмızє sσcıαł αη∂ єcσησмıc ωєłƒαяє

• cσηтяσł ση ∂єρяєssıσηαяy тєη∂єηcy

• αccєłєяαтє тнє єcσησмıc ∂єѵєłσρмєηт

• вєттєя ∂ısтяıвυтıση σƒ ıηcσмє

Answer 2

Answer:

The objectives of public expenditure are (a) provision of collective wants in order to optimize society's consumption in a traditional way and to maximize social and economic welfare and (b) control of the depressionary tendency in the market economy.