a.
positives-
Increase standards of living
can get out of the poverty cycle
negatives-
High opp. Cost
loss of incentive to work
Does not effect the GDP
Can increase the unemployment rate
b.
Positives-
Will support those poverty
Positive externality of production
Increase in standards of living
Negatives-
High opp. Cost
c.
Postives-
Increase consumption of merit goods
Can support businesses that would otherwise
fail
Negatives-
Inefficiency
Opportunity costs
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