Reference no: EM132422391
Question 1: The public education system in South Africa experiences major challenges. One way of dealing with this problem is for government to privatize education and to subsidize poor children.
Is this statement correct? Discuss this statement with relevant theories
Question 2: A unit excise tax on tobacco products makes economic sense, since it will not only increase government revenue but will also improve the health of South Africans.
Discuss this statement critically and make use of diagrams
Question 3: The production of electricity from coal causes pollution. Use a diagram to explain the efficient output of electricity and also mention what government can do to recently this problem.
Question 4: A unit exercise tax on tobacco products makes economic sense, since it will not only increase government revenue but will also improve the health of South Africans.
Discuss this statement critically and make use of diagrams.
Question 5: The public education system in South Africa experiences major challenges. One way of dealing with this problem is for government to privatize education and subsidize poor children.
Is this statement correct? Discuss this statement with relevant theories.
Question 6: Someone is appointed as an economic adviser to the Minister of finance South Africa is planning to implement economic policies to support the aims of Kyoto Protocol.
Provide advice on the policies that government needs to consider or introduce and the report must include the necessary analyses to convince the minister that the proposal will contribute towards efficiency.