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- what do you mean by financial inclusion, market-friendly environment, and fiscal incentive system in terms of policy recommendations?How does a country’s debt-repayment obligation affect its ability to produce its food for its citizens?What are some steps the government can take to encourage research and development?
- how the government can use fiscal policy for capital formation in the process of economic development?how the Indian national government handles financial arrangements with their second-level governments?Explore the consequences for a hypothetical developing economy, if the the rate of borrowing to fund a fiscal deficit is growing annually at a faster rate than GDP. In your answer, use hypothetical numbers and percentages, include a graphical analyses.