1. Give an example related to the current situation where the
government may follow a 'Transfer Promoting Policy' instead of a
'Growth Promoting Policy' in determining who gets the transfer
payment.
2.Instead of paying transfer (TR) if the government were to
increase government spending (G), what type of crowding out would
you expect? Briefly explain.
3. As we have observed recently that, a lot of the assistance
from the government is being misappropriated by dishonest
individuals and as a result...