Public Economics Quiz 3 (4 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. How many steps does the public expenditure management process include?

Correct Answer: C) 6.

2. The concept of sustainability requires that

Correct Answer: A) Economic growth does not exceed the renewal of natural capital.

3. Which of the following is not a reason for increasing Public expenditure.

Correct Answer: D) Imposing new tax.

4. Some decisions to produce goods and services generate unintended costs, called .....

Correct Answer: D) Negative externalities.