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What is the primary purpose of a government budget?
Practice Questions
Q1
What is the primary purpose of a government budget?
To control inflation
To allocate resources
To manage public debt
To regulate the banking sector
Questions & Step-by-Step Solutions
What is the primary purpose of a government budget?
Steps
Concepts
Step 1: Understand that a government budget is a plan for how the government will spend money.
Step 2: Recognize that the budget helps decide how much money goes to different areas like education, healthcare, and infrastructure.
Step 3: Realize that the main goal is to use the available money in a way that benefits the economy and the people.
Step 4: Know that a well-planned budget can help improve services and support growth in the community.
No concepts available.
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