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)
