Question

The economic functions of Government in the Public Sector are very influential in the _____________ in an economy.

Answer 1

Answer:

Allocation of resources

Explanation:

Allocation of resources means the economic management of natural resources. If there are certain limited resources that need to be divided among individuals , this is where resource allocation comes into play. It is usually one of the forms of project management. The allocation function is that part of government tax and expenditure policy which is concerned with influencing the provision of goods and services in the economy.