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outline the objectives of public debt

outline the objectives of public debt

Answers

Judy
1)To bridge the budget deficit (Deficit Financing)

2) To fight against depression.

3) To check inflation.

4) To finance economic development.

5) To meet unforeseen contingencies.

6) An alternate source of income when taxable capacity is reached.

7) To finance wars.

8) To finance public enterprises.

9) To carry out welfare programmes.

10) To create infrastructure.

11) For creation of productive assets.

12) For creation of essential non-income yielding assets (provision of public goods)
Judiesiz answered the question on August 20, 2018 at 06:55

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