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Q. Who will participate and how decision will be made are issues concerned with Public Choice.
Whether participants are guided by social concerns or they harbour their private interests as well and what implications of different behaviours are. Whether participants are citizens or their elected representatives and how they were elected, or they are part of selected personnel of bureaucracy. Whether it's voting by secret ballot for election of representatives or a committee is meeting using no-dissent rule or a board is meeting where chair finally rules.
Industries in the country of Technologia invest in latest equipment that annually enhance productivity of private workers by three percent. Government employees do not profit from
what are puplic policy coordination echanism
1. If GDP is not a good measure of economic well-being, why then it is always used by the president in his/her STATE OF THE NATION''S ADDRESS?
PIGOVIAN APPROACH Pigou assumed that the aim of social policy is to 'promote welfare'. But in order to simplifL this, he chose to restrict the range of his inquiry to
Unions tie the hands of management and inhibit efficient decision making
What is the link between efficiency wages and shirking? There are two firms A and B identical in all respects except the following. In firm A increased expenditure on monitoring co
Discuss whether high indirect taxes are the best way to discourage smoking.
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