Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134744452
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 1.A, Problem 17APA
To determine

The slope across the arc.

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Price P 1. Explain the distinction between outputs and outcomes in social service delivery 2. Discuss the Rawlsian theory of justice and briefly comment on its relevance to the political economy of South Africa. [2] [7] 3. Redistributive expenditure can take the form of direct cash transfers (grants) and/or in- kind subsidies. With references to the graphs below, discuss the merits of these two transfer types in the presence and absence of a positive externality. [6] 9 Quantity (a) P, MC, MB MSB MPB+MEB MPB P-MC MEB Quantity (6) MC
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If 17 Ps are needed and no on-hand inventory exists fot any of thr items, how many Cs will be needed?
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