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Public Economics can broadly be understood as that Economics which deals withpublic intervention in the economy. Its domain is supposed to encompass rationalefor public intervention as well as manner, approaches, mechanisms, forms,processes and instruments whereof. Term ‘public' has a restricted meaning: itnormally connotes government, as such, at all levels as well as public bodies, that is,bodies floated by the government at any level. Term ‘public' may also refer,in certain cases such as public choice, to the people in general, which are supposed toparticipate in a democratic process of electing political representatives and options related to political/social/economic spheres. It doesn't however connoteany collectively of people, which isn't mandated by government, irrespective ofits size.
Our economic systems are of this type and share for general properties. a) Dissipative systems transform energy and process information to maintain a state of organization that
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describe and illustrate the lm-schedule
What are the objectives of pubic finance
How burden of public debt is transferred to future generations through reduced capital formation?
Question 1: i. Explain the likely effects of a recession on a government's budget? ii. How is the operation of fiscal policy supposed to affect the level of economic activ
Corporate communication can be anything from how a corporation functions internally/externally, to what is making its communications operate like call center equipment, etc.
What are your thoughts on Putman’s “Bowling Alone,” the idea that there has been a decline in social capital in North America? Do you agree or disagree with the assertion? Support
examine the efficiency of quantitative credit control instruments.
Question 1: "The only social responsibility of business is to increase its profits" wrote Milton Friedman, Economics Nobel prize winner, in an article in the New York Times Mag
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