Q1. Air quality progress appreciably all through the United States, but there are no effects on aggregate production or on marketplace prices of final goods also services

Q2. Governments should act to further the public interest. This declaration would perhaps receive general agreement, but it is not always clear exactly Illustrate what concludes when something is in the public interest. Talk about various measures of the public interest, including utilitarianism; the Pareto criteria, potential compensation also the social welfare function. Elucidate every concept also the advantages also disadvantages of every.