Elucidate reallocation of Government resources
Elucidate reallocation of Government resources?
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1. Government can increase demand by providing subsidies like food stamps and education grants to subsidize consumers.
2. Government can finance production of good or service such as public education or public health.
3. Government can increase supply by subsidizing production, such as, immunization programs, higher education as well as public hospitals.
4. Government provides public goods and quasi-public goods and services.
What is the most important source of revenue and the major type of expenditure at the local level?
What do you mean by Financial Linkages in U.S. and World Trade?
Question: To determine the real exchange rate, what two pieces of information do you need in addition to the nominal exchange rate? Answer: Q : Describe North American Free Trade Describe North American Free Trade Agreement (NAFTA)?
Describe North American Free Trade Agreement (NAFTA)?
Briefly describe the term Benefit Cost Ratio (or B/C Ratio) or Profitability Index (or PI)?
A perfectly competitive industry achieves allocative efficiency since: w) goods and services are produced at the lowest possible cost. x) services and goods are produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the margin
1. The owner of a firm calculates that next year's profit will be $1,000. Each successive year profit will increase by 10% (i.e. year 2: $1100; year 3: $1210 and so on.) At the end of the 5th year the firm could be sold for $20,000. A) if the appropriate di
Question: Cineplex and AMC are two rival movie theatre chains. They must each decide whether to set an admission price of $10 or set an admission price of $12; of course, the number of movie goers (and thus their r
Give a brief introduction of the term Cost Principle ?
Illustrate Measuring unemployment?
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