Public spending means & Includes ? Select onev option Govt. five year plans expenditure foreign trade expenditure subsidy & Welfare Capital & revenue Expenditure
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Public spending means & Includes ?
Select onev option
- Govt. five year plans expenditure
- foreign trade expenditure
- subsidy & Welfare
- Capital & revenue Expenditure
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- How do we use these FOCs to show that (wtNt)/Yt =(1-α) if Yt = At Ktα Nt1-α(J) Despite South Africa's poor educational outcomes, the it spends 19.5% of the overall national budget on education (6.5% of GDP) which isgreater than most OECD countries and the world average.AssignmentIn ProgressNEXT UP: Submit assignmentTaking note of the above comments, provide a critical assessment of the role government should play in the area of basic education in SouthAfrica.AYour assessment should directly address the following three areas:first, develop an understanding of the purposes of government's role in basic education in South Africa, taking note of the economicarguments for government intervention as presented in this module;second, review the extent to which your identified purposes of government intervention are, or are not, met in South Africa; andthird, clarify the role of private versus publicly provided education and how government should relate to both.Question 6: Controversies in Trade PolicyAfter the Seattle 1999 World Trade Organization Ministerial Conference fiasco, in thenext 2 years, large anti-globalization demonstrations rocked the InternationalMonetary Fund and Work Bank in Washington. What was the anti-globalizationmovement goal- and was it right? Explain you answer and where appropriate usefigures.
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