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Author Question: According to ________, an efficient mix of public goods is produced when local land/housing prices ... (Read 21 times)

Lobcity

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on: Apr 19, 2019

Question 1

Samuelson's theory of public expenditure demonstrates that


◦ government is inefficient and will always engage in too much spending.
◦ an optimal (or most efficient) level of output exists for every public good.
◦ an efficient mix of public goods is produced when local land/housing prices and taxes come to reflect consumer preferences.
◦ through government regulation of private industry, the optimal level of public good provision is achieved.

Question 2

According to ________, an efficient mix of public goods is produced when local land/housing prices and taxes reflect consumer preferences.


◦ Samuelson's theory
◦ the Tiebout hypothesis
◦ the Theory of Public Choice
◦ the Coase theorem
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Lobcity on Apr 19, 2019

SomethingSomething

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Lobcity

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Reply #2 on: Apr 19, 2019
Thanks


SomethingSomething

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Reply #3 on: Apr 19, 2019
Welcome :)


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