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Discuss what factors might have been responsible for the growth of government expenditure between 1920 and 1940?
Explain the widely shared neoclassic economics argument for Mexican immigration. In your explanation please include both the macro and micro explanations.
How many units of soda will be traded if the government impose $2.50? What about if the government imposes a price ceiling of $0.80?
You are invited by two friends to resolve a dispute about the shared use of a car. By applying Pareto-eciency, what are you able to advise them?
The box contains ten milk chocolates and ten plain chocolates. Neither child likes plain chocolates. Describe the Paretoecient allocations.
What is the consumption level of the consumer in such a case? Provide an interpretation of this possibility.
How can the existence of fixed costs be incorporated into the production set diagram? After paying its fixed costs a firm has constant returns to scale.
If the price of good 1 is 1, at what price for good 2 will the firm just break even? Graph the firm's profit as a function of the price of good 2.
What are the advantages and disadvantages of vouchers as a method of improving equity and school quality?
What kinds of challenges exist in this kind of grants that are not a problem for grants within a country?
Project grants, based on competitive applications, implicitly assume that all competing state. How might the grants be designed to level the playing field?
Using data from the US Bureau of the Census, graph the intergovernmental grants to state and local governments and the grants. What pattern do you see?
Under what circumstances might they be preferred on equity or efficiency grounds to taxes on emissions or regulatory approaches?
How are the effects different from those of a simple matching grant? Does it depend on the size of the maximum?
What kind of grant would you devise? Why? How might your answer be different from the perspective of recipient governments?
Is that role larger or smaller than the same role of fees and charges in funding that service or those services in the United States?
Can you come up with a similar slogan that might provide a framework that encourages the opposite preference
How would you take into account the need to restrict demand, differences in elasticities of demand and ability to pay, and other considerations?
Create a graph showing the change in fees and charges as a percentage share of own-source revenue.
If you were working for a state legislature that was designing a universal coverage system, how would you attempt to control costs?
What has happed to health care costs compared to other consumer spending? What does this imply for the US debate on health care?
What are the advantages and disadvantages to employers of providing only catastrophic health insurance routine care insurance for their employees?
What factors contribute to these results? How might the system be changed to get better results at lower costs?
Why is it so difficult to use markets and prices to ration scarce health care resources among consumers compared to other kinds of goods and services?
What lessons have been learned from Western countries that might help these nations design social insurance programs for old age pensions that are sustainable?