Question

Role of government budget in allocation of resources

Answer 1

Answer:

Hope it helps you .

Explanation:

1) Government aims to allocate resources to maintain a balance between maxisation of welfare as well as profits. 2) Private sector of economy usually ignores social welfare. Government budget allows the government to intervene in the economy so as to increase social welfare.

Answer 2

Explanation:

Hope this attachement may help u mate .........