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ECONOMICS – Daily Answer Writing Challenge

Question 1

What are the goals of Public finance and explain their importance in the process of Public policy. Elucidate with examples. (200 words)

Question 2

What do you understand by the following terms: (a)Crony Capitalism ( 50 words)     (b) Development (50 words)            (c) Poverty (50 words)            d) Famine and Starvation (50 words)

Question 3

Define the term Money Illusion and explain its role in determination of output and employment.(200 words)