Analyze the arguments for government intervention as opposed

Assignment Help Macroeconomics

Reference no: EM133634854

Assignment

Analyze one of the following government intervention programs:

1. Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession)
2. US agriculture support programs
3. Housing vouchers
4. Earned Income Tax Credit (EITC), including Child Tax Credit
5. Supplemental Nutrition Assistance Program (SNAP)
6. Health care resources for people with lower incomes
7. Medicaid, including Children's Health Insurance Program (CHIP)
8. Affordable Care Act expansion
9. Old-Age, Survivors, and Disability Insurance (OASDI)
10. Medicare
11. Unemployment insurance

Write a 700 to 1,050 words summary of your analysis. Identify the intervention and the market failure leading up to the intervention. Complete the following in your paper:

Question A. Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information about market failures.

Question B. Examine who has been helped and who has been hurt by the selected government intervention.

Question C. Examine externalities and unintended consequences of such intervention. For example, consider whether the SNAP program and health coverage for families with lower incomes result in higher future tax revenues because children from families with lower incomes grow up healthier and produce higher incomes over their lifetimes.

Question D. Analyze whether cost of the intervention you selected as a share of GDP or the number of participants is increasing, decreasing, or varies with the state of the economy, based on the cost trend(or number of participants) since its inception or since 2000.

Question E. Analyze credible economists' opinions on the success or failure of the intervention that you chose in achieving its objectives.

Question F. Recommend whether the program should be continued as is, discontinued, or modified based on your conclusions. Defend your recommendation.

Reference no: EM133634854

Questions Cloud

Describe the scenario and what happened as a result : Describe the scenario and what happened as a result. If you were able to recreate this situation, what would you do differently? Why?

Identify role projects play in meeting goals of organization : Identify the role projects play in meeting the goals of an organization. The project is expected to take 18 months to complete.

Who are the stakeholders involved in the case : Who are the Stakeholders involved in this case? If you were part of the top management team at the cruise ship company, how would you approach this issue?

Chemistry of therapeutic drugs and their impact : Chemistry of therapeutic drugs and their impact on health and the human body - how topic relates to the content covered in the course

Analyze the arguments for government intervention as opposed : Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information about market failures.

Discuss why the particular job caught your interest : or provide a summary of job description in your discussion post. Explain Why: In a minimum of 150+ words, discuss why this particular job caught your interest.

Describe ways in which lean and six sigma could be applied : Describe ways in which Lean and Six Sigma could be applied to improve health care economics and the application of health care financial and funding models.

How might they improve the way talent is managed : JWI 522- How might they improve the way talent is managed? What other insights could be helpful to Agoda that are not addressed in the case?

Brief explanation and correct referencing from legislation : Each correction should be supported by a brief explanation and correct referencing from legislation, along with any workings and calculations

User Account

All Pages