Question: (a) (i) (ii) (b) (i) Describe the allocation instruments available to the Government to influence resource allocation in an economy. 3 Explain the concept

(a) (i) (ii) (b) (i) Describe the allocation instruments available to the

(a) (i) (ii) (b) (i) Describe the allocation instruments available to the Government to influence resource allocation in an economy. 3 Explain the concept of 'Money Multiplier'. Calculate the Fiscal Deficit and Primary Deficit from the data given below: Total Expenditure on Revenue Account and Capital Account Revenue Receipts Non-debt Capital Receipts Interest Payments (2 Marks) (in Crores) 547.62 226.82 103.00 84.00 (3 Marks)

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