Question: 1.Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced budget every year. 2.Use the

1.Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced budget every year.

2.Use the concept of externalities to explain why if left to private decisions, the usage of face masks to prevent the transmission of COVD-19 is likely to be inefficiently low.

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