Public corporation is financed with

JAMB Economics 2023 176 views
Source: JAMB · 2023

Public corporation is financed with

  1. Tax payer's money ✓
  2. Capital raised from shareholders
  3. Capital contributed by owners
  4. Capital raised from stock exchange
Explanation

A public corporation is owned by the government. It is mainly funded with taxpayers’ money from government budgets, plus some loans and its own revenue.

Shareholders and stock exchanges supply funds for private companies.

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