(1)Effects of public expenditure on production
1. Ability to work, save and invest
2. Willingness to work, save and invest
3. Diversion by economic resources
(2)Effects of public expenditure on distribution
1. Effects of prgressive, proportional and regressive expenditure
(3)Effects of public expenditure on economic stability
(4)Effects of public expenditure on economic growth.
1. Ability to work, save and invest
2. Willingness to work, save and invest
3. Diversion by economic resources
(2)Effects of public expenditure on distribution
1. Effects of prgressive, proportional and regressive expenditure
(3)Effects of public expenditure on economic stability
(4)Effects of public expenditure on economic growth.