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What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?


Critically discuss any four disadvantages that south Africa may encounter by being a member of African Continental Free Trade Area
How do inefficiency occur in the market due to externalities?

When will a monopolist discontinue production?


Discuss the impact the hard lockdown had on perfect markets
an unemployed person Ramesh is looking out for a job Ramesh received 2 job offer one for 20000 from icici bank and other 15000 from HDFC Bank what is opportunity cost for Ramesh if he accept offer of icici bank
The part of the change in quantity demanded that is caused by substitution of one good for another is

 The spread of COVIC-19 across all countries of the world resulted in resorting to various forms of lockdown measures. The locks down measures crippled many economies including the South African Economy. To resuscitate these economies, there is renewed interest in fiscal policy as a tool macroeconomic policy. Critically discuss the shortcomings of anti-cyclical policy


The South African government depends on the South African Revenues Services (SARS) for the
collection of tax revenue for the ever increasing public expenditure. COVID-19 made all government
sof the world over to resort to lockdowns to curb the spread of the disease. The lockdowns have a
direct effect of reducing business activities and hence, decrease in revenue collections. Citizens
willingness to pay tax largely depends on the perceptions the public have on the tax system,
Critically discuss any 7 requirements of a good tax system
The governments of the world are grappling with Covid 19 pandemic, several measures are being
implemented, namely, sanitizing, social distancing, hand-washing, working from home or online and
various forms of Lockdowns. The hope of all nations is to vaccinate at least 70% of the population to
reach head-immunity. This is based on Scientific advice, that once that population percentage is
immunized, the whole population would be protected, Economist call this positive externality in
consumption. With suitable diagrams, illustrate and discuss the phenomenon highlighted above.
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