Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
The debate over retaining work incentives underlies both TANF and the EITC. What model of human motivation underlies those two programs?
How has it changed? Separate that amount into Social Security, Medicare/Medicaid, and other. What are the fast growing parts of income support?
What are the efficiency, equity, and administrative advantages of a means-testing system that phases out eligibility as household income approaches.
Should those five workers be paid more? How much more? Should they get all the increase in the company's net income since they created it?
How might such an arrangement make the problem of responsiveness to the preferences of voters weaker or stronger?
What kind of behavior by voters might make it more likely that public officials will be more responsive to signals from voters?
What percentage of voters are with you on that decision? How would your answer be different if the standard deviation was only $15,000?
Why and how is government likely to fail? What can citizens (or writers of constitutions, or even politicians) do to minimize government failure?
Suggest at least two voting schemes to make this decision and evaluate the advantages and drawbacks of each.
How nations have dealt with this problem of sovereignty and spillovers in terms of some issue such as acid rain, climate change, or overfishing the oceans.
How might citizen attitudes toward local government taxes and spending be different from attitudes toward the federal government?
What are some of the ways that states can engage in horizontal equalization between cities and counties? What criteria might they use for distributing funds?
find the amount of state aid to local governments from 1997 to the most recent available year and calculate the amount of aid as percentage of general revenue.
Why (or why not) would it be appropriate for state governments to put such restrictions on local governments?
What might be the benefits/costs to existing residents in expanding the size of the city? To those being annexed?
What are the principal services provided by your local government? How much of benefits accrue to strictly local residents, and how much to visitors and others?
Is structure of state and local government where you live highly centralized compared to other states? How would you measure the degree of centralization?
Illustrate how each of the following scenarios affects the home country. Compare the outcomes when the home country has a fixed exchange rate with the outcomes.
Consider how transactions costs affect foreign currency exchange. Rank each of the following foreign exchanges according to their probable spread.
Describe how you could use an options contract to hedge against the risk of losses associated with the potential appreciation in the U.S. dollar.
If uncovered interest parity (UIP) holds, what is the expected depreciation of the euro (against the pound) over one year?
Describe how investors use arbitrage to take advantage of the difference in exchange rates.
Why does the government have the ability to intervene in this way, while private actors do not?
Compare and contrast each problem as it applies to monetary policy stabilization versus fiscal policy stabilization.
Assume forex market equilibrium is given by i = ([1/E] -1) + 0.10. What is the expected future exchange rate?