Question 2 25 2 1 Discuss Baumol S Unbalanced Productivity Growth Theory And Ind

QUESTION 2 (25)

2.1 Discuss Baumol’s unbalanced productivity growth theory and indicate whether it can explain the growth of government expenditure in South Africa. (10)

2.2 Discuss Robert Nozick’s entitlement theory and briefly consider its relevance for South Africa. (15)

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