« previous next »

Author Question: Which of the following is not true of Lindahl prices for collective consumption goods? a. Lindahl ... (Read 61 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
on: Jul 1, 2018
Which of the following is not true of Lindahl prices for collective consumption goods?
 
  a. Lindahl pricing might be useful in achieving political agreement on the proper amount of the public good to be produced.
  b. Lindahl prices are set so the marginal benefit they receive from the public good is equal to the marginal cost.
  c. Lindahl prices are difficult to calculate in practice.
   d. Lindahl prices are necessary for economic efficiency.

Question 2

Considering all taxes collected at all levels, taxation in the United States is _____ when looked at in terms of lifetime income.
 
  a. proportional
  b. slightly progressive
  c. slightly regressive
   d. n-shaped


stillxalice

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
True Dover Sole True Dover Sole
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library