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MILESTONE – AN INSTITUTE OF BRILLIANCE Chapter – 10 (Government Budget and The Economy) Define Government Budget.

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What are the objectives of government budget?

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1. Redistribution of income and wealth:

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2. Reallocation of resources:

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3. Economic Stability:

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4.Managing public enterprises: Government accelerates and diversifies the process of growth through pubic enterprises in budgetary policy. Growth through public enterprises focuses on social welfare instead of profit maximization.What is the structure of the budget?

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