Free-rider problem associated with public goods and service

Assignment Help Business Economics

Reference no: EM13803306

1. A descriptive essay on “is there a "free-rider" problem associated with public goods and services? How does government address this free-rider problem?

2. What are the necessary ingredients for a nation to experience greater rates of economic growth, higher average standards of living, and a great ability to compete in the global economy? That is, what could the U.S. do to achieve all this?

3. What will likely happen to a nation’s balance of payments if its GDP and income levels increase?

Reference no: EM13803306

Questions Cloud

Trade-offs that appear to exist among nations economic goals : If the Federal Reserve wishes to put upward pressure on market interest rates, what would it be most likely to do? How would it proceed to push the Federal funds rate in an upward direction? How would it lower the funds rate? Describe the trade-offs ..

Expected annual net profit for the project : If the initial investment is a project is $100,000 and the expected annual net profit for the project is $20,000, the payback period is:

Which tax system is most efficient : State and Local Governments in this country use sales taxes as means of generating revenue. In other countries, a value added tax (VAT) is used to generate Government revenue. Please explain the difference. In your opinion, which tax system is most e..

Calculate the current account balance : In 2001, the economy of the United Kingdom exported goods worth £192 billion and services worth another £77 billion. It imported goods worth £225 billion and services worth £66 billion. Calculate the U.K. merchandise trade deficit for 2001. Calculate..

Free-rider problem associated with public goods and service : A descriptive essay on “is there a "free-rider" problem associated with public goods and services? How does government address this free-rider problem? What are the necessary ingredients for a nation to experience greater rates of economic growth, hi..

Regarding top-down budgeting : Which of the following is NOT true regarding top-down budgeting?

What type of market structure was the product or service : What type of market structure was the product or service in when the differentiation occurred? What is the differentiation? Describe specifically what the differentiation was and tell us what that means for rational business price and production deci..

Construct capital allocation line for portfolio consisting : Construct a Capital Allocation Line for a portfolio consisting of the T-bills and the risky portfolio. Draw the line and indicate the y-intercept and the point where the portfolio is entirely made up of risky assets. What is the slope of this line?

Suppose that the investor has a level of risk aversion : Consider an investor with preferences given by the utility function U = E(r) – 0.5Aσ2 and there are two portfolios with the following characteristics: Suppose that the investor has a level of risk aversion of A = 2. Which portfolio should the investo..

User Account

All Pages