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Explain with the help of the diagram provided, how the government can internalize the negative externalities in production.
Are Keynes’s ideas still relevant today?”
Explain Keynes’s theory of investment and why it is central to his more general theory of output and employment. Are Keynes’s ideas still relevant today?”
Suppose that the consumer asked to contemplate a gamble with a probability of 60% of winning birr 10,000 with a utility of 10 utils and 40% probability of winning birr 15000 with a utility of 12 utils. What will be expected income
discuss each of the following statements from the standpoints of equity and efficiency.
a). everyone in society should be guaranteed the best health care possible.
b). when workers are laid off they should be able to collect unemployment benefits until they find a new job.
Should a perfect competitive firm produce if prices were less than the minimum level of
average variable cost, explain using diagram.
explain why is impossible to have upward sloping isoquant
measure (8) of economic growth
Choose any one of the tools from Question 4.1.1 and elaborate on the application of this tool in your country. (6)
Explain the two (2) main tools of fiscal policy.
