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Pages:
1 page/≈275 words
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Level:
APA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
Document:
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Date:
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Topic:

Effects of High Reccurent Expenditure Mathematics & Economics Essay (Essay Sample)

Instructions:

I wrote about the effect of recurrent expenditure in the economy

source..
Content:

In the less developed countries mostly African countries , the government usually spend more in provision of public goods and service.
The increment in the public finance and public expenditure has negativity in the economy of the state . This usually leads to an increase in the wage bill that is wage bill at the top and ceremonial . High wage bill is associated with the high wage rate and high inflation in the country .
Kenya is one of the country with high wage rate but poor level of services . The wage spirals up with a lot of money in the economy hence absorptive capacity among the citizens is high (Can't spend money.) The public wage bill is high but the employees are not well paid .
In Kenya , the income distribution graph is high unionised with low equity in income . Evidently the rich in Kenya becomes extremely rich and the poor becomes extremely poor . The extremely rich are few while the 

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