when the economy boosted by the government by providing jobs and funding healthcare which of the following method is applicable
1-stabilisation function
2-distributive function
3-allocative function
4-full employment function
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Government economic policy, measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three principal methods of establishing control: the allocative function, the stabilization function, and the distributive function.
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Answer:
1-stabilisation function
Explanation:
Stabilization of the economy (e.g., full employment, control of inflation, and an equitable balance of payments) is one of the goals that governments attempt to achieve through manipulation of fiscal and monetary policies.
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