What are three reasons for a competitive equilibrium not being Pareto optimal? What two questions arise from these inefficiencies?
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Q52: Changes in government spending are not likely
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Q54: An increase in total factor productivity involves
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Q55: The Laffer Curve illustrates the relationship between
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Q56: In the model where G = qt,when
Q57: To choose the optimal level of government
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Q59: In the model where G = qT,when
Q60: In the model where q,when q increases,government
Q61: When we adjust the model to include
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