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What is the dual role played by the government sector?  

Asked by Topperlearning User 5th June 2015, 9:02 AM
Answered by Expert
Answer:

The government sector acts as a consumer as well as a producer in an economy.

As consumer: The government purchases goods and services from the production sector and these goods and services are consumed by the society.

As producer: The government receives the services of various factors of production and produces goods and services for the consumption of the entire society.

Answered by Expert 5th June 2015, 11:02 AM
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