Question

What does public revenue refer to?

• A. The government’s total expenditure
• B. Income of the government from various sources like taxes, fees, fines, and public enterprises
• C. Only taxes collected by the government
• D. Private investments in public projects

Answer 1

Answer:

B. Income of the government from various sources like taxes, fees, fines, and public enterprises

• Public revenue is the total income that the government earns through taxes, goods and services of public enterprises, fees, fines, and other sources.