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Kindly answer the following questions below, make your answers long please, I need long explanation each questions, thank you. Which among the 10 departments below

Kindly answer the following questions below, make your answers long please, I need long explanation each questions, thank you.

  1. Which among the 10 departments below would you choose to have a full budget? Why? Only choose THREE.
  2. How would your decision affect the other departments? What could be the externalities present that could affect the entire economic system?
  3. How would you explain to the President, using Public Economics and Externalities, the logic of your decision? You may also use the concepts of Welfare Economics and Supply/Demand for your explanation.

Departments:

  1. Health
  2. Education
  3. Social Welfare
  4. Labor and Employment
  5. Police Force
  6. Environment and Natural Resources
  7. Agriculture
  8. Energy
  9. Public Works
  10. Foreign Affairs

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