Economics · Public Finance
Which of the following statements regarding state intervention and public finance are correct? A. An expansion of the public sector has been a necessary development along with the market economy. B. There are multiple structural and welfare reasons for the state to assume a larger socio-economic role. C. In India, state intervention through public finance policy plays a critical development role. D. Keynesian economics posits that the state must intervene to help ensure full employment.
- 1A, B, C, D✓
- 2A, C
- 3A, B and C
- 4A and B
Correct answer
A, B, C, D
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