II, Principle of Economics
needs to answer 3 questions.
some of the questions are:
1500 words in total
One tradeoff society faces is between efficiency and equality. Elaborate each
term with suitable examples. If the government in your country redistributes
income from the rich to the poor, analyze with how this action affects equality as
well as efficiency in the economy of hong kong
4. Critically review why private solutions to externalities sometimes do not work?
You are required bring exmaples and avcademic references to support your
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