Why is national defense called a public good

Assignment Help Econometrics
Reference no: EM131335203

1. The government is considering the adoption of a higher standard of success in tests for pharmaceuticals that will be sold in the United States. Suppose the benefits of the regulation were 1,000 lives saved per year. Would you support adoption of the regulation? Explain.

2. Why is national defense called a public good?

Reference no: EM131335203

Questions Cloud

Summarize scholarly articles that used human subjects : Write a paper that summarizing three (3) scholarly articles that used human subjects in the research. All researcharticles MUST have been published in the Journal of Consumer Research, theJournal of Marketing Research, or theJournal of Consumer ..
Derive the demand for national defense : How would you derive the demand for milk at the local grocery store? How would you derive the demand for tuna? How would you derive the demand for national defense?
Briefly summarize the case : The Aaron Hernandeaz case is the one I want to do. Using the Internet, your textbook, or any other available materials, research a notorious criminal case that used tire impression evidence. Briefly summarize the case
Should you pay for the meal or take the free meal : Should you pay for the meal or take the free meal? Why? Does it make a difference if you are on-duty or off-duty? Is accepting a free meal ethical as a police officer? What are the pros and cons in accepting the free meal? What are the pros and cons ..
Why is national defense called a public good : The government is considering the adoption of a higher standard of success in tests for pharmaceuticals that will be sold in the United States. Suppose the benefits of the regulation were 1,000 lives saved per year. Would you support adoption of t..
Discuss how you can forge a long-term marketing strategy : Based on the learning experience in this course along with the new marketing knowledge that you have acquired discuss how you can use these practices to improve the marketing effectiveness in your current organization. Discuss how you can forge a ..
Essay topic-being absent from class and its effect on grades : Write an essay (6-7 paragraphs) the following topic: Being absent from class and its effect on grades. You will write an introductory paragraph. You will write a brief paragraph about literature review
Complete express catering incs tax return file : Please complete the Express Catering, Inc.'s 2014 tax return based upon the information provided below. If required information is missing, use reasonable assumptions to fill in the gaps.
Texas taco average and marginal tax rates : What are Texas Taco's average and marginal tax rates on taxable income? (Round your answers to 2 decimal places.)

Reviews

Write a Review

Econometrics Questions & Answers

  Anios utility function for the goods x and y is uxy 2

antonios utility function for the goods x and y is uxy 2 sqrtx y .a. what is the mrsxy? what is

  Calculate the cost of equity capital to this firm

The MacBurger Company, a chain of fast food restaurants, expects to earn $200 million after taxes for the current year. The company has a policy of paying out half of its net after tax income to the holders of the company's 100 million shares of c..

  Calculate the pressure drop for both streams

Calculate the effective surface area and the number of plates of this heat exchanger

  Helen just bought a house for 250000 earthquake insurance

helen just bought a house for 250000. earthquake insurance which would pay 250000 in the event of a major earthquake is

  What is the value of the chow f-test statistic

Suppose that the residual sum of squares for the three regressions corresponding to the Chow test described in question 35 are 156.4, 76.2 and 61.9. What is the value of the Chow F-test statistic

  What is the expected npv of the product

What is the expected NPV of the product?

  Which students would borrow and which would lend

Three students have each saved $1000. Each has an investment opportunity in which he or she can invest up to $2000. The rates of return on the students' investment projects are: Harry: 5% Ron: 8% Hermione: 20%.) If borrowing and lending is prohibit..

  Explain if they homogeneous in income and prices

Suppose David spends his income (I) on two goods, x and y, whose market prices are px and py, respectively. His preferences are represented by the utility function u(x; y) = lnx + 2lny (MUx = 1=x;MUy = 2=y). a. Derive his demand functions for x and..

  Would air toxics control be justified on efficiency grounds

Suppose the air toxics regulations raised household expenditures on gasoline (due to extra controls on oil refineries) by an average of $20 per year. If millionaire Mary and janitor Jane each paid the extra $20, in what sense is the impact of the ..

  How will the tax deduction affect the budget line

Sam is subject to a 40 percent tax on income, and her after-tax income is 90,000. Now suppose the government permits her to deduct her contributions (to oscar0 from her income before the 40 percent tax rate is applied. How will this deduction affe..

  How long will it take mexico’s real gdp per person

If real GDP per person in Mexico grows at the rate of 5 percent per year, about how long will it take Mexico's real GDP per person to reach the level that the United States was at in 2005?

  Shellys preferences for consumption and leisure can be

shellys preferences for consumption and leisure can be expressed as uc l c - 200 times l - 80 . this utility function

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