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1. Explain five Considerations that government should look before incurring any
First, the government should consider whether the maximum social benefit of the
expenditure. The government should evaluate whether the expenditure would provide
maximum benefits to the society overall. Second, it is important to consider the principle
of the economy. The government should create a thorough budget and ensure that there
would be no wastage in the expenditure. Third, the government should ensure that there
is a surplus, which means that government revenue that will be obtained should exceed
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