Should all investment be subject to a social cost–benefit appraisal?
Answer to relevant QuestionsMake out a case for (a) Increasing and(b) Decreasing the role of the government in the allocation of resources.Make out a case for adopting a policy of individual tradable carbon permits, allocated to all citizens within a country. Could such a policy be extended globally?If two or more firms are charging similar prices, does this imply that collusion is taking place? What evidence would you need to determine the existence of collusion?Explain the circumstances under which an increase inpensions and child benefit would(a) Increase national income; (b) Leave national income unaffected; (c) Decrease national income.If everyone’s incomes rose in line with inflation, would it matter if inflation were 100 per cent or even 1000 per cent per annum?
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