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Section II - Short Answer (1 Viewer)
- Thread starter Rafy
- Start date
for a positive of inflation i said it acts to depreciate the $A which will increase our exports and increase FDI.
Also for the subsidy diagram i didnt draw a new supply curve i drew a dotted line under the equilibrium to show how the quantity would decrease and the price would go down and then drew a line to show the increased amount of imports
Also for the subsidy diagram i didnt draw a new supply curve i drew a dotted line under the equilibrium to show how the quantity would decrease and the price would go down and then drew a line to show the increased amount of imports
anthonysak
New Member
- Joined
- Nov 3, 2008
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- HSC
- 2010
how sure r u?
Me? About food? Almost certain
thats a merit good
Merit goods are those which provide positive externalities. Regardless of whether a public toilet provides positive externalities (which I don't think it does), a merit good can also be a public good.
In this case im pretty sure a public toilet is a public good, and neither a merit nor a demerit good.