Question 44
MediumOriginal questionWhich of these is capital expenditure?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Giving a loan creates a financial asset for the government (a claim on the borrower).
- Concept
- Capital expenditure
- Typical timeTypical
- 70 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Government Budget: Receipts & Expenditure, at your own pace.