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Assignment:
With the use of examples and some research, analyze the role of government in the BVI. Specifically, address how it has contributed to the wellbeing of society. You may refer to any of the government agencies or statutory bodies to illustrate your answer. You may also use any of the following concepts in support of your answer: transfer payments, demand and supply and externalities.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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