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QUESTION

(a) Define a public good and discuss how free riding might be a problem in the provision of a public good.

(b) What is the rationale for government intervention in the health care sector today?

(c) What are the problems associated with market provided health care insurance?

(d) Differentiate between absolute and relative poverty.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9586055

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