Is there any resident who wants to move

Assignment Help Econometrics
Reference no: EM131204036

Consider the previous exercise with the situation before migration, and suppose that the government requires the rich residents to contribute 3/4 of the cost of local public good provision where they live and the poor residents to contribute 1/4 of the cost.

a. How much public good will be provided under majority voting in each district?

b. Is there any resident who wants to move (and, if so, who and where)? Why or why not?

Reference no: EM131204036

Questions Cloud

Analyze types of organizational and computer architectures : Analyze the types of organizational and computer architectures for integrating systems. Analyze the main classes of hardware and system software components in an enterprise context. Discuss common input / output technologies.
The role of business ethics in relationships : The Role of Business Ethics in Relationships with Customers. Based on the content presented in the article, describe the strategic importance of Customer Relationship Management (CRM) and discuss how CRM business ethics can be used to create custo..
What will be the equilibrium distribution of residents : Is the provision of public good ancient (according to the Samuelson rule)? Explain why or why not.
Develop a solution to proposed business problem : Summarize effective communication techniques with various organizational stakeholders to collect information using a variety of techniques and to convey proposed solution characteristics to them.
Is there any resident who wants to move : Consider the previous exercise with the situation before migration, and suppose that the government requires the rich residents to contribute 3/4 of the cost of local public good provision where they live and the poor residents to contribute 1/4 o..
What would be resulting cost equation for maintenance costs : Revise the prior probabilities in light of the consultants track record - What is the posterior probability of good demand given that the consultant has indicated demand will be good?
Is the reciprocity theorem satisfied : For the network of figure 2 part  (a), determine the current I. - Repeat part (a) for the network of figure 2 part (b).- Is the reciprocity theorem satisfied?
Prepare business report that summarizes information research : Prepare a business report that summarizes the information researched on your two firms. The report should include the Name and background information on each of the firms.
Write report about negative effects of use of social media : You are required to write a report about the NEGATIVE effects of the use of Social Media in the workplace in Australia

Reviews

Write a Review

Econometrics Questions & Answers

  What are teh amin advantages of probit and logit

What are teh amin advantages of probit and logit models over linear probability models (LPM)?

  What is your expected profit

should you enter one of the European markets? If so, which one? If you enter, what is your expected profit?

  Are there any differences in the eligibility requirements

Are there any differences in the eligibility requirements for TRI-enrollees based on reimbursement ability by the facility? If so, is this "fair?

  What price will she set and how much profit will miller earn

The seller, Ryan Miller's mom (who is a monopolist, at least with respect to these consumers, and can "produce" enough quantity to meet demand), has to determine her pricing strategy, and whether to sell the goods separately or as a bundle. Her ma..

  Perform a logarithmic regression of expenditure

Perform a common factor test. If the AR(1) model is rejected, and there are terms with insignificant coefficients in the second regression, investigate the consequences of dropping them.

  Calculate the price elasticity of demand for each group

Suppose that the eye doctor offers senior residents a discounted price for an eye exam. The demand function for senior residents is Qs = 50 - Ps, and the demand function for the general public is Qg = 60 - Pg. The marginal cost for an eye exam is ..

  Why protectionism is a second-best choice

Economists sometimes say that protectionism is the "second-best" choice for dealing with any particular problem.

  Explain how the market can adjust

If the local government can enforce a rent-control law that sets the maximum monthly rent at $1000, will there be a surplus or a shortage? Of how many units? Explain how the market can adjust?

  Analyze the impact of each type of tax on savings

The government is considering two alternative types of taxes. The first is a tax on interest income, the second is a tax on labour income. Both are to be imposed at rate t (i.e., t=.20, or 20%). Your job is to help the government understand the im..

  What is the after-tax equivalent annual worth of investment

A company is considering the purchase of a large stamping machine that will cost $190,000, plus $4,500 transportation and $9,000 installation charges. It is estimated that, at the end of five years, the MV of the machine will be $30,000.

  Effective mortgage yield for borrowing this mortgage

What isthe effective mortgage yield for borrowing this mortgage.Now suppose that there is an annual interest rate cap of 2% specified in the loan contract. What isthe effective mortgage yield for borrowing this mortgage, assuming that no negative amo..

  What fiscal policy will be needed to put gdp on target next

Life has become yet more complicated. Government spending works with a distributed lag. Now when $1 billion is spent today, GDP increases by $1 billion this period and $1.5 billion next period.

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