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The other type is called ex-post heterogeneity which refer to the conflict (of interests) arising due to distributional implications of the public policy. Thus when a public polic
why is it important to consider the complex nature of health and health care when examining economic principles related to health care delivery?
how do a traditional economy, a market, a centrally planned economy, and a mixed economy differ?
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“In the presence of institutional constraints, the Theory of Second Best tells us to perform the welfare maximization problem to solve the Pareto Optimal conditions and then apply
This variant of coordination problem seeks the answer to why some countries fail to grow when public and private rent seeking makes property rights insecure. One reason is that re
1. If GDP is not a good measure of economic well-being, why then it is always used by the president in his/her STATE OF THE NATION''S ADDRESS?
summarize the basic tents of the argumentsin this case
what is public debt. ? give complate information on public debt. ?
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