Question

Which of the following is a key **principle of public expenditure**?

• A. The principle of scarcity.
• B. The principle of diminishing marginal utility.
• C. The principle of maximum social advantage.
• D. The principle of economy.

Answer 1

Answer:

D. The principle of economy.

• This principle states that public funds should be used efficiently and judiciously to avoid waste and extravagance, maximizing the outcome for the given expenditure.