11. In Table 12.14, we show the results from the 2002 legislative elections in Germany. Answerthe following questions.a. If a government formed between the Christian Democratic Party and the Free DemocraticParty, what type of government would it be?b. If a government formed between the Social Democratic Party and the Greens, what typeof government would it be?c. If a government formed between the Social Democratic Party, the Greens, and the Partyof Democratic Socialism, what type of government would it be?TABLE 12.14Legislative Election Results in Germany, 2002SeatsIdeologyPartyParty of Democratic Socialism (PDS)Greens (G)Social Democratic Party (SPD)Christian Democratic Party (CDU/CSU)Free Democratic Party (FDP)TotalSource: Inter-Parliamentary Union Database (2015).2Most left5525124847Most right603

a. Christian Democratic Party and Free Democratic Party: The Christian Democratic Party (CDU/CSU) is…

Answered: 11. In Table 12.14, we show the results…

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter16: The Public Sector

Section: Chapter Questions

Problem 1SQP

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Explain: “Politicians would make more rational economic decisions if they weren’t running for reelection every few years.”
READ CAREFULLY You are to pick two out of the seven political philosophers we have discussed in class, and explain regarding one of them why you most favor how this philosopher has laid out his way of seeing the world, and how he explained how best to organize society and government. Then regarding the second political philosopher, explain why you most disfavor how this philosopher has laid out his way of seeing the world, and how he explained how best to organize society and government. Consider how they both viewed human nature and the equal/unequal nature of humans, and how that helps explain their world view. The length of your response for each philosopher should be 1-2 pages, double spaced with one inch margin all around. If you quote someone, be sure to reference the quote, and everything else should be written in your own words. Here is the list of political philosophers we have discussed in class: Plato, Aristotle, Machiavelli, Hobbes, Locke, Marx and Nietzsche I
Note:- please A & B has ben worked I need C and D. Thank you 4. Directions: Below is a list of the six economic functions of government, followed by a set of 12 (fictitious) newspaper headlines. Decide which of the six economic functions is referred to, directly or by implication, in each headline. Classify each headline according to the six functions by writing in the letter of the economic function that best fits that headline. The Six Economic Functions: a. Maintain the Legal and Social Framework b. Maintain Competition c. Provide Public Goods and Services d. Correct for Externalities e. Stabilize the Economy f. Redistribute Income The Headlines: ____ 1. Federal Reserve Raises Key Interest Rate ____ 2. Congress Raises Tax Rates for Top Income Brackets ____ 3. EPA Plan to Reduce CO2 Emissions ____ 4. Homeland Security Funding Increased ____ 5. President Says More Spending Will Fight Recession ____ 6. Agency Blocks Merger of Two Airlines ____ 7. City…
1.A. What is the empirical correlation between per capita income and the share of Government in the economy? Is there a causal relationship between the two variables? Why or why not? B. List six broad areas of modern government involvement that have important economic consequences. Briefly discuss each one of the areas that is on your list. (Please note that we discussed more than ten broad areas of key government involvement that concern the economy.) 2.A. In the Midwestern United States, where winds tend to blow from west to east, states tend to approve new polluting industries more easily near their eastern borders than in other parts of the state. Explain this tendency using the theory of externalities. Is this is a socially optimal outcome. Why or why not? If not, is there anything that could be done to improve upon this outcome? B. What are some of the measures that could be taken to reduce the future consequences of climate change? Consider one measure and analyze it in…
2. How should different types of spending be shared between different levels of government?
What are the components of a public policy model? TD What are the components of a public policy model?
8. Agreement and disagreement among economists Suppose that Raphael, an economist from a business administration program in Georgia, and Susan, another economist from a nonprofit institution in the Midwest, are both guests on a popular science podcast. The host of the podcast is facilitating their debate over government intervention. The following dialogue represents a portion of the transcript of their discussion: Susan: The usefulness of government intervention in the economy is a long-standing issue that economists continue to debate. Raphael: I feel that government involvement in the economy should be reduced because government programs cause more harm than good. Susan: While I do agree that government programs can be inefficient, I really think they are necessary to help the less fortunate. The disagreement between these economists is most likely due to differences in values Despite their differences, with which proposition are two economists chosen at random most likely to agree?…
1.What are the major political parties in Denmark2. What is the political environment in Denmark?Please cite your sources.
The following table shows the number of voters preferring various amounts of spending on a new school. Number of Voters 12 33 47 22 6 4 1 Select one: a. $0.5 b. $1.5 c. $2.0 d. $1.0 Preferred Spending (millions) $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 Refer to the table above. What is the preferred spending amount of the median voter?
2. Explain whether the following statement is true or false. "Governance is exercised only by the governiment of a country".
8. Agreement and disagreement among economists Suppose that Kenji, an economist from a business school in Georgia, and Lucia, an economist from a public television program, are arguing over government intervention. The following dialogue shows an excerpt from their debate: Lucia: The usefulness of government intervention in the economy is a long-standing issue that economists continue to debate. Kenji: I feel that government involvement in the economy should be reduced because government programs cause more harm than good. Lucia: While I do agree that government programs can be inefficient, I really think they are necessary to help the less fortunate. The disagreement between these economists is most likely due to Despite their differences, with which proposition are two economists chosen at random most likely to agree? O Tariffs and import quotas generally reduce economic welfare.
In 1989, Senator Bob Packwood asked Congress’s Joint Committee on Taxation how much extra revenue the government would raise if it just started taxing 100% of all income over $200,000 per year. The Joint Committee crunched some numbers and reported an answer: $204 billion per year. a. What is wrong with this answer? In 1989, very few people made over $200,000 a year, so the estimate of the tax revenue is far too high. Increasing government spending by $204 billion each year would have generated economic growth, and subsequently even higher amounts of tax revenues. The Joint Committee on Taxation did not have the tools needed to make such an estimate accurately. No one would have an incentive to work once they had earned $200,000, so much of the taxable income would disappear.

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