Can you suggest possible governmental policy approaches in


Look carefully at Figure 11.1.

832_e5c59f19-c3d6-462c-8e65-fb75ca814f35.png

(a) What do you understand by ‘optimum population' from this diagram?

(b) What problems can you identify with being over or below the ‘optimum'?

(c) Can you suggest possible governmental policy approaches in each case?

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Econometrics: Can you suggest possible governmental policy approaches in
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