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Question 1:
"Public policies in a modern, complex society are indeed ubiquitous. They confer advantages and disadvantages, cause pleasure, irritation and pain, and collectively have important consequences for our well-being and happiness. They constitute a significant portion of our environment."
Elaborate on this statement.
Question 2:
(a) " A policy problem can be defined as a condition or situation that produces needs or dissatisfaction among people and for which relief or redress through governmental action is sought".
What characteristics make a problem public?
(b) " A policy agenda includes all those issues that policy makers have selected from a variety of problems with a view to paying close attention to such issues".
Outline the different ways problems may achieve agenda status.
Question 1 Explain the origin of money Question 2 List the key objectives of an industrial credit policy Question 3 Explain any five key functions of central banks
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