What is public administration? Define bureaucracy and explain the role of bureaucracy in public administration. Is the role of bureaucracy has been for constitutional legitimacy? If so, what powers are given to public administrators to formulate and implement the public's will? Answer in 250 words or more than

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A: Y* is the sum of consumption spending, investment spending, government spending, and net exports.

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A: When there is a usual conflict of interest between the principal and the agent as a result of the…

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A: We have given welll behaved utility function for C1 and C2

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A: Maximum utility  Utility maximization is the desire for the greatest amount of pleasure from one's…

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A: Answer to the question is as follows;

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A: Indifference curve  An indifference curve is a graphical representation of a selection of products…

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A: Neutrality of Money : The neutrality of money states that a change in the stock of money affects…

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A: inflation is  at 8% and  want to a 2% raise in  salary,

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A: Export subsidies will be subsidies given to brokers to cover the distinction between inward market…

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A: Disclaimer :- Since you asked multipart question we are solving the first 3 subparts only as per…

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A: Labor force is a sum of people unemployed and people employed.

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A: Types of Unemployment: Unemployment divided into three broad sections: structural - when there is a…

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A: In perfect competition there are many firms producing identical goods. This makes firms price takers

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A: International trade: - it means the buying and selling of goods and services with other countries.

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A: Given  Money demand equation: Md=0.4Y-80i           ... (1) Money supply Ms=1200 We have to find the…

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A: Ans. The value of total gross investment is the sum of business fixed investment, residential fixed…

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A: Answer -    Long run :- In long run where all variables or factors are free to move and do not have…

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A: We show It is important that governments have a secret key to all encrypted communications. Ngu and…

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A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

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A: Collusion is a formal or informal agreement between competing businesses to fix prices for goods or…

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A: Equilibrium is measured at the point where demand in the market comes equal to the supply in the…

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A: Non-excludability means that no individual can be excluded from using the goods and non-rivalry…

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A: The exercise of control over the economy via the use of governmental spending and taxes is known as…

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Q: 3. The figure below demonstrates the moral hazard with insurance coverage. When consumer pays 50%…

A: A moral hazard indicates that a party may function differently than they would retain without the…

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A: CR or concentration ratio is used in economics to determine the concentration of market on the basis…

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Q: QUESTION 38 What are the two routes that we use to process information, according to the Elaboration…

A: Question 38 The answer is - Central & peripheral

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A: There are different types of unemployment resulting from different labor market conditions.