Economy, asked by gulatimuskan56, 7 months ago

difference between partial equilibrium and general equilibrium...plz solve it on the basis of difference

Answers

Answered by sampda16

Answer:

partial equilibrium analysis focuses on the market in which the tax is imposed, whereas general equilibrium analysis looks at many markets. ... general equilibrium analysis includes intergenerational redistribution and partial equilibrium analysis looks only at the effects on one generation.

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