Through it's budgetary policy government allocates resources in accordance with the requirements of the country do you agree with the given statement ? Justify your answer with valid reason
Answers
Answer:
The Government : Budget And The Economy. ... Through the budgetary policy, Government aims to allocate resources in accordance with the economic (profit maximisation) and social (public welfare) priorities of the country.
Answer:
Yes, Agree with these statement..
Explanation:
Yes, I agree with the statement. The government's budgetary policy plays a crucial role in determining the allocation of resources in a country.
It helps the government to prioritize its spending, making sure that the necessary resources are allocated to the most important sectors, such as health, education, and infrastructure. This allocation of resources helps to address the various needs of the country and improve the standard of living for its citizens. The government's budgetary policy can also help to balance the economy, promoting stability and growth. Additionally, it can provide a clear roadmap for future development and investment, making it easier for businesses and individuals to plan and make informed decisions.
Also by these people of that nation come to know what the thing is useful for them.
I think if this is going to implement we see some good results.
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