Some economists,such as John Kenneth Galbraith,assert that the public sector receives too few resources relative to the private sector.This assertion

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Galbraith's assertion is based on a value judgment about the allocation of resources in the economy, which reflects a particular vision of the desirable composition of output between the public and private sectors. This is not a question that can be resolved by economic theory alone, as different economists have different normative views about the role of government in the economy. Maintaining full employment, as suggested in option E, is not necessarily a solution to the issue of resource allocation between the public and private sectors, as it does not address the question of how to distribute resources among different types of activities or social goals. Conservative economists, such as Friedman, would typically disagree with Galbraith's view and argue that the private sector is more efficient and productive than the public sector, but this does not mean that the issue is settled by economic theory, as there are normative and empirical debates about the role of government in the economy.

Some Economists,such as John Kenneth Galbraith,assert That the Public Sector