government raises expenditure:
a)on producing public goods which economic value does it reflect? explain
b)is fiscal deficit necessarily inflationary?

1) This question has appeared in the last year board paper of 2014 Delhi Set-1. We have already provided the solutions to the board papers of last eight years on our site. Refer to the link below and scroll down to Q- 29 of Section-B.

https://www.meritnation.com/cbse/class12-commerce/board-papers/economics/introductory-microeconomics/cbse-class-12-economics-board-paper-2014-all-india-set-1-solutions/starttest/0z898GfvUmDxDkttY9dZcw!!


2) Fiscal deficits are not necessarily inflationary, though these are generally regarded as inflationary. Follow the link given below to view the answer with in-depth explanation. 
https://www.meritnation.com/ask-answer/question/are-fiscal-deficits-inflationary/the-government-budget-and-the-economy/6315148

 

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please experts ans my this query also.
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