With examples or illustrations, explain any four conditions that can lead to market failure in Ghana. 8. With specific examples, explain any four situations in which market efficiency do fail. 9. With examples, explain any four ways by which taxation helps government role in Public Finance
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With examples or illustrations, explain any four conditions that can lead to market failure in Ghana.
8. With specific examples, explain any four situations in which
9. With examples, explain any four ways by which
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- How Arts Funding Is Done Elsewhere When Rick van der Ploege became Holland’s secretary of culture in 1998, he launched an arts-funding revolution that alarmed his quiet, multicultural country—but also became a potential model for smaller population countries such as Canada. Bursaries for about $100,000 a year were offered to foreign graduate students. Foreign filmmakers could also receive funding—as long as it met Dutch content requirements. More contentiously, artists would have to prove that there was a market for their creations if they wanted a subsidy. “My argument has always been to get the best people in the world. ... Whether they be Canadian, Japanese, and maybe the Dutch, bring them together, and the locals would then have to compete on a global scale.” Draw a graph to illustrate and explain how bursaries for foreign graduate students might improve efficiency.Question Five What are public goods? What is a free rider problem? State and explain the characteristic of public goods State and explain the importance of Public Finance Explain any four principle causes of public expenditure growthCritically discuss whether civic crowdfunding platforms based on voluntary contributions present a useful solution to the problems associated with public good provision, with particular reference to the crowdfunding of public defence in Ukraine
- Using appropriate examples, differentiate between private and public procurement, and why the latter is crucial for socioeconomic growth. explain the implications of Global pandemic and the Russia-Ukraine supply chain disruptions on the Uganda economyHow can monetary policy, fiscal policy and financial sector regulation help in the fight against climate change? What types of fiscal policies have been used to discourage pollution? Have they been sufficient and effective? What other fiscal policies can be used to help the transition to a greener technology and to discourage pollution? Please provide evidence and also discuss the political challenges. Use proper refernces from research journals and articles.2. (Resolving the Common-Pool Problem) Why have authori- ties found it so difficult to regulate the fishing catch in the open ocean to allow for a sustainable yield?
- Question FOUR Provision of Public goods and services is a key consideration by most Governments. In the quest to provide for such goods, some goods and services such as health and education are provided directly by the government, while others are funded publicly but provided privately. What is the difference between these two mechanisms of public financing? Why do you think the same government would use one approach sometimes and the other approach at other times? Are there any efficiency and equity consideration when providing public goods? Kindly explain.How do the concepts of pork-barrel politics and the special-interest effect relate to the items listed in the Last Word?There are many private companies selling life insurance and there is virtually no problem associated with that market. On the other hand, many people like insurance to smooth their income over the business cycle, especially people working in the growing gig economy where their alternating periods of employment and unemployment. But no one sells income insurance. question: 1. Why do competitive markets work better for life insurance than for income insurance? 2. Why are governments able to provide this type of insurance when private companies cannot provide it?
- What are some steps the government can take to encourage research and development?1. Identify the top five (or ten) source countries of FDI into your country. Then identify the top ten (or 20) foreign MNÉs that have undertaken inbound FDI in your country, Why do these countries and companies provide the bulk of FDI into your country? 2. Worldwide, which ten countries were the largest recipient and source countries of FDI last year? Why? Will this situation change in five years? How about 20 years down the road? Why? 3. ON ETHICS: Undertaking FDI, by definition, means not investing in the MNE's home country (see the Closing Case). What are the ethical dilemmas here? What are your recommendations as (1) MNE executives, (2) labor union leaders of your domestic (home-country) labor forces, (3) host-country officials, and (4) home-country officials?1. The term intrapreneurship refers to initiatives to discover new products or production methods by whom A. Owners of start-up firms B. Employees within business firms or organizations C. Any individual 2. True or False: Price-taker and price-searcher models necessarily fail to incorporate imperfect information and uncertainty into their assumptions. A. False B. True 3. True or False: Consumers’ standard of living would be higher if the government always bailed out troubled businesses. A. False B. True