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  • Discuss the view that an exchange-rate centred monetary policy is more appropriate than supply-side policy in mitigating a deteriorating Balance of Payments of a country.
  • Discuss whether there is a need to change the policies adopted by the Singapore government to deal with market failure in the healthcare industry.
  • Explain the market failure in the healthcare industry.
  • “The model of monopolistic competition best explains firm behaviour and performance in Singapore”. Discuss.
  • Explain why it is important for a country to attain its macroeconomic goals.

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