Question Completion Status: QUESTION 1 QUESTION 1 a. Discuss the impact on efficient allocation between public and private goods as an economy becomes wealthier? (5 marks) b. From the perspective of public goods/externalities, why would an individual not consent voluntarily to be vaccinated? ( 5 marks) QUESTION 2 For each program listed below, discuss what market failures might can occur making a justifiable reason for government intervention. (2 ma i. National weather Service ii. Government-sponsored affordable housing iii. Regulation on automobile pollution iv. Universal health care v. Unemployment benefits for the youth