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Q. Of those listed below, the best example of a pure public good is

Q. Public debt is the debt owed by ................

Q. Lump sum taxes

Q. When expenditure exceeds total tax revenue, it is called:

Q. External debts can be raised from ...........

Q. The diffusion theory was associated with the name of

Q. A negative externality is

Q. An empirical law to the effect of growing public expenditure was propounded by

Q. Concept of concentration and displacement effect in public expenditure are attributed to

Q. A multilevel decentralized fiscal system involving sharing of fiscal responsibilities between central, state and local governments is referred to as: