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Important Questions for "Welfare Economics":

[1]

  1. Explain the Marshallian welfare economics.
  2. Explain Euler's Theorem of distribution.
  3. Explain Keynes' Liquidity Preference theory of Interest.

[2]

  1. Throw light on the concept of Game Theory.
  2. What is meant by Real wage?
  3. Explain Bergson-Samuelson Social Welfare Function.

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