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JAMB - Economics (2011 - No. 18)

In national income accounts, an item counted as part of government spending is
salaries and wages
pension
scholarship
social welfare

Εξήγηση

social welfare refers to a wide range of activities and services by volunteers, non-profit organizations and governmental agencies providing help to needy persons unable to care for themselves. It is part of government expenditure when accounting for national income accounts

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