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 73 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
Excellent


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library