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Question 4 [25 marks] 4.1 Public television is funded in part by private donations, even though anyone with a television set can watch for free.
Question 4 [25 marks] 4.1 Public television is funded in part by private donations, even though anyone with a television set can watch for free. Can you explain this phenomenon in light of the free rider problem. (10 marks) 4.2 Name four taxes that are part of public expenditure theory and discuss what purposes they serve in that theory. (10 marks)
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