There is no constitutional needs which individual states

Assignment Help Macroeconomics
Reference no: EM1325467

The Power to Say No

There is no Constitutional requirement that individual states must accept monies offered by the federal government to support needs affecting their citizens. However, given the challenging budgetary and fiscal realities that most states face today, the acceptance of federal aid is something that is a given, and is rarely turned away. Do you believe that states have a responsibility to turn away federal funding when conditions attached are fundamentally at odds with the beliefs of a majority of members of a given state legislature? Should states increase taxes and increase user fees (among other revenue generators) to compensate for funds declined from Washington? Do states fundamentally lose integrity when they accept money for projects, programs, and processes with conditions attached with which they fundamentally disagree?

 

Reference no: EM1325467

Questions Cloud

Issues in cross-cultural psychology : The presentation should examine at least 2 issues in the cross-cultural psychology.
About filing the small claims court procedure : Where do we file the claim? Should we get an attorney?
Explain why it projects fail : Why IT Projects Fail - What do you envision are the primary contributors to this dismal record of performance?
What benefits the network provide : Explain what kind of network you are on at work or at home. If you do not have access to a network, ask a friend or family member to explain the type of network they have access to.
There is no constitutional needs which individual states : There is no Constitutional needs which individual states must accept monies offered by federal government to support requires affecting their citizens.
Accounting standards and ethics : Are the current accounting standards ethically based? Are ethics important to the accounting profession? Explain
Write a proposal to management : Imagine you work for a health care or human service organization that does not use an intranet. Write a proposal to management that lists
Briefly explain the code of fair information practices : Fair Information Practices (FIP) code - Briefly explain the Code of Fair Information Practices.
Explain how do the fiscal policy changes play a role : Explain how do the fiscal policy changes play a role in the theory of political business cycles

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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