Reference no: EM13972945
Essay Assignment
Econ
Your essay should be about 1000 words plus table or charts. Answer all questions as thoroughly as possible.
(1) What is the Tiebout hypothesis? What are the conditions, according to Tiebout, that lead to the most efficient public tax and spending outcomes? (Explain what is meant by "efficient")?
(2) If there are increasing returns to scale, communities may need to be too large to be truly homogenous. In this case, voting will be needed to determine public preferences. Explain.
(3) Consider two states that are considered to be polar opposites politically: Texas, a highly conservative, Republican state and Massachusetts, a consistently liberal and Democratic state. Research state budget priorities in each state. Compare these two states policies and budgets. Look at such factors as government spending per capita, taxes per capita, types of taxes levied, Medicaid coverage and health care coverage, median income, average wages, poverty rates, unemployment, personal income per capita, per-pupil education spending and other indicators that seem pertinent.
Data can be found through the Tax Policy Center (tax facts), the Census Bureau (annual report on poverty and health coverage), the Kaiser Family Foundation, the Bureau of Labor Statistics and the Bureau of Economic Analysis, forabettertexas.org, massbudget.org. You can also find state budget data on the state government websites. Do not use commercial (.com) sources - they are not reliable.
In answering the last question, putting the data in a comparative table would be most useful.
|
Estimate the rms speed of a free electron
: Use the ideal gas as a model to estimate the rms speed of a free electron in a metal at the 273 K temperatures
|
|
Where is the center of mass of the resulting object
: A uniform square plate 11 cm on a side has a circular hole of diameter 8.0 cm cut out of it, as shown in the figure. The hole is centered left-to-right, but touches the edge on the bottom of the plate. Where is the center of mass of the resulting ..
|
|
What is the total interest expense
: Sanchez Corporation pays the interest annually on December 31 and uses the straight-line amortization method. What is the total interest expense associated with these bonds for 2016?
|
|
Difference in the amounts
: At the end of the second year, which company had more recorded accumulated depreciation, and what was the difference in the amounts?
|
|
What is the tiebout hypothesis
: What is the Tiebout hypothesis? What are the conditions, according to Tiebout, that lead to the most efficient public tax and spending outcomes?
|
|
Creating standards for evaluating performance
: Assigning responsibility for situations that require corrective action. Coordinating activities between departments within the organization. Creating standards for evaluating performance.
|
|
Focus the emphasis of your essay on the music.
: Choose one of their most notable pieces of music and write a description of it. What attributes can you hear that make it Impressionistic or Expressionistic?. Focus the emphasis of your essay on the music.
|
|
What is the largest distance up the ladder
: A uniform stationary ladder of length L = 4.5 m and mass M = 14 kg leans against a smooth vertical wall, while its bottom legs rest on a rough horizontal floor. What is the largest distance up the ladder dmax, in meters, that the painter can stand ..
|
|
What is the maximumamount you would be prepared to pay
: The company has been offered the chance to hire an extra machine, thereby doubling the effective assembly time available. What is the maximumamount you would be prepared to pay (per week) for the hire of this machine and why?
|