One of the reasons for the existence of the public sector is to?

Accounts - Principles of Accounts

JAMB 2009

A. Take adequate care of the needy
B. supplement the commercial sector
C. provide cheap services to all citizens
D. correct perceived inequalities

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Correct Answer: Option C

Explanation

Purpose of public sector is to provide public services. This include public goods and governmental services such as the military, police, public education along with health care and those working for the government itself. These services are provided at a cheap and affordable rate to the citizens.

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