This topic contains a solution. Click here to go to the answer

Author Question: When parents inoculate their children from communicable diseases prior to sending them off to school ... (Read 110 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
When parents inoculate their children from communicable diseases prior to sending them off to school they not only provide their own children a benefit but also bestow a benefit on every other student at the school.
 
  There are now fewer students who can pass on these types of diseases. However, parents are not likely to take into account the fact that their actions create this external benefit. Therefore, economists argue that the market on its own may not provide for the optimal level of inoculations. What methods might work to get parents to take into account the external benefit when deciding whether to inoculate their children?

Question 2

If real GDP per capita measured in 2009 dollars was 6,000 in 1950 and 48,000 in 2016, we would say that in the year 2016, the average American could buy ________ times as many goods and services as the average American in 1950.
 
  A) 1/8 B) 4 C) 8 D) 12



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shoemake

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

One possibility would be for the government to subsidize the inoculations or otherwise provide some kind of tax credit for doing so.

Answer to Question 2

C




NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jun 29, 2018
Wow, this really help


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library