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Q. What do you understand by Policy Process?
Begin from theoretical frame work of policy making and proceed breaking various assumptions and introducing heterogeneity of agents under a various, to show that policy process is an interactive dynamic adaptive process rather than a one time, once for all solution.
what is the difference between budget deficit and fiscal deficit
QUESTION: a) How do returns to scale and returns to factor affect the shapes of the AC in the Long-run and short-run respectively? b) "Standard of living has to be measure
types of welfare economics
Let us now consider a situation in which we know the timing of a change in policy but are unsure about the composition of the future policy. The association of different policy co
Jack and Jill live alone on an island. Their labour supply schedules are identical and given by L = (1 - t)w, where t is the income tax rate and w denotes the wage. Jill''s wage
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Q. Show the Redistribution Policy? We know that despite policy interventions the disparity of income has been increasing in nearly all the countries. United States is highly un
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In terms of the debate in the media on state owned enterprises ,explain the decreasing cost case and the possibility of privatisation of SOEs such as Eskom and SAA
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