Notes - Gruber, Public Finance - University at Albany
Notes - Gruber, Public Finance Chapter 1.1 Why study public flnance? 1. When should government intervene in economy? 2. How can the government intervene? 3. What is the efiect of intervention on economic outcomes? 4. Why do governments choose to intervene in a particular way? Deflnition: An allocation (assignment of property to every member ... ................
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