public expenditure can be financed from all the following sources except the

Assessment: WAEC SSCE - Economics - 2001 (Objective) Subject: Economics

Question 1 Report

public expenditure can be financed from all the following sources except the
Answer Details
Public expenditure can be financed through various sources such as borrowing, grant-in-aid, royalties and rent, and taxation. However, "mobilization fees" are not typically considered as a source of financing public expenditure. Mobilization fees refer to charges or fees paid to investment banks or underwriters for selling securities to the public. While it is possible that some governments may receive such fees in certain circumstances, they are not a common or recognized source of financing for public expenditures.

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