Can you rationalize policy on basis of welfare economics

Assignment Help Macroeconomics

Reference no: EM131490302

Question: In each case listed below, can you rationalize the government policy on the basis of welfare economics?

a. In Los Angeles, the police respond to 127,000 burglar alarm calls per year. There is no charge. (97 percent of the alarms are false,)

b. Wool and mohair production is subsidized by the federal government.

c. The federal government regulates cherry frozen fruit pies, requiring that at least 25 pa-cent of each pie by weight contain cherries and that no more than 15 percent of the cherries be blemished. Them are no such regulations for apple, blueberry, or peach frozen pies.

d. In Washington, DC, you cannot become a hairdresser without a license from the city government.

e. The National Energy Policy Act requires that all new toilets flush with only 1.6 gallons of water. Most American homes have toilets that consume 5.5 to 7 gallons per flush.

f. The federal government subsidizes the production of electricity from chicken manure. [Note: We are not making this up]

Reference no: EM131490302

Questions Cloud

Is it likely to improve social welfare : Recently, the California Insurance Commissioner proposed a regulation that would reduce the ability of insurers to use geographic location in determining.

Explain the public health importance of chronic inflammatory : explain the public health importance of chronic inflammatory diseases such as disease burden, impact on health care and disability services

Graph the social indifference curves : Imagine a simple economy with only two people. Augustus and Livia. Let the social welfare function be.

Identify the type of evaluation conducted in the case study : Examine the selected evaluation design and methodological approach, and provide your assessment of whether or not the proposed design is appropriate

Can you rationalize policy on basis of welfare economics : In Los Angeles, the police respond to 127,000 burglar alarm calls per year. There is no charge. (97 percent of the alarms are false,).

Tower on a hot day when the temperature : What is its final height (total) of the tower on a hot day when the temperature is 33.8 degrees Celsius?

How did the vogels afford to continue collecting art : How did the Vogels afford to continue collecting art? Did they work in Art? Were they trained as artists? In one interview they are asked about their passion.

Bullet temperature change in degrees celsius : If all its energy is converted to heat that is absorbed by the bullet, what is the bullet's temperature change in degrees Celsius?

Does the artwork have any relationship to events : Does the artwork have any relationship to events or other art of the time period? Is it particularly innovative? Does it have a function or narrative?

User Account

All Pages