Reference no: EM133316035
Question 1: Critically examine the negative income tax, wage rate subsidies, and the earned income tax credit as alternative programs to aid the poor.
Question 2: How should the burden of government finance be distributed?
Question 3: Explain: During the recession, the government can decrease taxes.
Question 4: Explain one of the different methods of funding used by the government to induce full employment.
Question 5: Present and explain one alternative to taxation as a means of government finance.
Question 6: "No way of distributing government goods and services will satisfy all citizens." Do you believe this statement? Support your answer.
Question 7: What are the effects of subsidies and transfer payments to individuals?
Question 8: Explain Central provision results in uniformity of quality and quantity of public goods all over the nation.
Question 9: What is the impact of transfer payments to the poor on work incentives?
Question 10: How is the Social Security retirement system different from private pension systems?
Question 11: Identify and analyze one macroeconomic effect of fiscal policy on the economy.
Question 12: How can taxes affect the willingness of individuals to produce and invest?
Question 13: Explain the consequences of inter-jurisdictional externalities.
Question 14: Explain: The basic grant program that funds assistance to the poor has been capped which means that assistance to the poor has been eroded by inflation.
Question 15: What role does the government play in helping supply education? How would the use of voucher systems affect public education?
Question 16: Analyze critically the impact of the Social Security system on work incentives and labor force participation of the elderly.