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Question 1:
(a) How do taxes affect the economic well-being of market participants?
(b) Explain the link between fiscal policy and budget deficit.
(c) What are the factors that need to be considered if any Government is to implement a good fiscal policy framework?
Question 2:
Write briefly on any five of the following. (a) Free rider problem (b) Negative and positive externalities (c) Public goods (d) Automatic stabilisers (e) Self-interest theory of government (f) Social Production Possibility Schedule
How to record shares for a company for a project
What are the factors of the economic sectors? The factors of the economic sectors: • Primary sector including natural resources as like agriculture, fishing, quarrying minin
How is the equality of income distribution measured? The Gini coefficient is a statistical type measure of income distribution. This Gini coefficient is: • 0, which impl
why do businesses have to sped money (expenditure)in order to succeed?
A1. Given the following production function Level of fertilizer Level of maize 0 0 1 44.9 2 83.6 3 110.1 4 127.3 5 136.9 6 139.9 7 137.1 8 129.2 a) Calculate the APP, MPP and elas
Why are many economists opposed to licensure of medical facilities and personnel?
difference b/w statistics in singular and plural sense
Define the using influences of contract staff for IS project. Use of contract staff: Such are frequently an unknown quantity. It is reasonable to assume that people who
(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke
with a water park going in town. What kind of externality is this?
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