Illustrate account in order to make a decision of policy

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Q. This week we discussed effects of taxes and government regulation on consumers. Economists are often asked by government agencies to conduct studies concerning likely results of their policies.

Provide an example of a public policy problem and apply cost-benefit analysis technique to it. Illustrate what or considerations may be taken into account in order to make a decision on implementation of policy? 200- 300 words

 

 

Reference no: EM1370741

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