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Important Questions for "Welfare Economics":

[1]

  1. Explain the Marshallian welfare economics.
  2. Explain Euler's Theorem of distribution.
  3. Critically examine the main elements of the modern theory of rent.

[2]

  1. Distinguish between Gross Interest and Net Interest.
  2. Throw light on the concept of Game Theory.
  3. Explain Bergson-Samuelson Social Welfare Function.

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