Which does the government not control directly?
Spending on health
Spending on defence
Firms' investment decisions
Spending on state education
The government spends on health, defence, and education. Firms’ investment decisions are not controlled by the government.
Look at this picture showing the expenses of Anu’s family.
(i) On what single item do they spend the most?
(ii) And the least?
(iii) On which do they spend more, health or education?