EXPLAIN THE ALLOCATION FUNCTION OF GOVERNMENT BUDGET

The answer to your question is already given in our study material. Follow the given link and scroll down to the topic ' Reallocation of resources' to view the same.

https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-macroeconomics/the-government-budget-and-the-economy/341_1990_5850#slide2_meaning-objectives-and-components-of-govt.-budget

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