docx, 364.49 KB
docx, 364.49 KB

Economics: Principles & Policy Ch 5: Public Sector: Summary & Class Notes

Word Document includes notes, simple definitions, examples, and graphs.

Topics:
Government in Circular Flow
Technical Efficiency
Economic Efficiency
Types of Efficiency
Market Failure
Pareto Efficiency
Micro/Macroeconomic Policy
Budget Surplus/Deficit

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