READING 1

1).

My view on the neoclassical perspective as presented by the author is that people have rational preferences and they are associated with values, individual goals in the markets are maximum profits and that of firms are maximum profits and people act based on information.

2).

The Neo-Keynesian theory assumes imperfect competition in the market and thus exist inequitable distribution of wealth and income and its concepts promotes subsidies for the development and use of clean energy

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