Describe the argument of yardstick competition

Assignment Help Econometrics
Reference no: EM131209319

Describe the argument of yardstick competition to control policy-makers. What are the main difficulties if yardstick competition is to be applied in practice to control performance of policy-makers?

Reference no: EM131209319

Questions Cloud

Maximum ratios for a conventional mortgage : Using the maximum ratios for a conventional mortgage, how big a monthly payment could the clinton family afford if their gross (before tax) monthly income amounted to $3,500? would it make any difference if they were already making monthly install..
Determine the total cost of each three scenarios : Determine the total cost of each three scenarios, and allocate to customer - Standard Cost and LIFO will use the same basis for allocation to customer.
How much will they have to invest today for the baby : How much will they have to invest today for the baby to have $100,000 for college in 18 years if the interest rate is 5 percent?- If the interest rate is 10 percent?
Why was the company deleted or replaced : Why was the company deleted or replaced? - and - What was the company's official response to this action?
Describe the argument of yardstick competition : Describe the argument of yardstick competition to control policy-makers. What are the main difficulties if yardstick competition is to be applied in practice to control performance of policy-makers?
What happens to equilibrium quantity demanded and supplied : Use graphical analysis to show that if Y and M both increase, the interest rate may increase, decrease, or stay the same. - In each case, what happens to the equilibrium quantity demanded and supplied?
Internal life of a community of a lower order : Discuss the following statement: ‘‘A community of a higher order should not interfere in the internal life of a community of a lower order, . . . but rather should support it in case of need and help to coordinate its activity with the activities ..
Required return on the company stock : Siblings, Inc., is expected to maintain a constant 6.2 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 8 percent. What is the required return on the company's stock?
What the objective of the other region is : Re-do the previous exercise with an inverted triangular distribution of population. Show that if one region switches to a more egalitarian objective, the welfare of the worst-o¤ resident always improves no matter what the objective of the other re..

Reviews

Write a Review

Econometrics Questions & Answers

  Which country will have a higher gdp

But the poorer country grows at 10 percent a year, while the richer country grows at 2 percent a year. In 35 years, which country will have a higher GDP? (Hint: Use the rule of 70.) 8.1

  Calculating the gdp for the united states

If a country is not specified, you can assume the action is performed in the United States.

  Determine how much the consumer purchases

A consumer has $100 to divide between purchasing wine and quiche. Suppose wine costs $10 per bottle if the consumer purchases up to 5 bottles. After that, it is $5 per bottle. Suppose quiche is $5 each. Please draw the budget line. Will a consumer..

  Construct a model in the spirit of kinked demand

Construct a model in the spirit of kinked demand for the setting of an N firm oligopoly.

  Discuss the likely effects on labor force participation

Assume that a state government currently provides no child care subsidies to working single parents, but it now wants to adopt a plan that will encourage labor force participation among single parents. Suppose child care costs are hourly.

  What do they say about the health of the project

Estimate the variances. What do they say about the health of the project? Reestimate with an actual cost to date of $750,000

  How many vanity plates would be purchased

Suppose the demand curve is linear. If your state sets a price of $50, how many vanity plates would be purchased?

  Where is the kink in the demand curve

what is the current selling price at that kink and how much output will be demanded?

  List three businesses that can exist today

List three businesses that can exist today,

  What would be the price and quantity of diamonds

A large share of the world supply of diamonds comes from Russia and South Africa. Suppose that the marginal cost of mining diamonds is constant at $ 1,000 per diamond, and the demand for diamonds is described

  Calculate the 1998-2008 growth rate in sales

A. Calculate the 1998-2008 growth rate in sales using the constant rate of change model with annual compounding.B. Forecast sales for the years 2011 and 2013. The following table shows annual sales data for Stuff Happens.

  How economic science will shed light on the problem

Explain what the data is telling you and explain where this conclusion might lead you as you explore questions in the future.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd