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Determine the implications of the legislature
Policy outcomes are the result of legislative bargaining. So policy becomes a compromise between the executive and the legislature. Alesina and Rosenthal (1995, 96) presented a model to determine the implications of the legislature executive trade-offs on choice of policy. They yield a number of interesting results.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on indi
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