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

Author Question: In Spain, people are considered organ donors unless they explicitly indicate they do not want to be. ... (Read 85 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
In Spain, people are considered organ donors unless they explicitly indicate they do not want to be. In the United States, people are only considered organ donors if they explicitly indicate they wish to be. Behavioral economics would suggest that
 
  A) everything else equal, the opt-in system of Spain would generate more organ donors. as a percentage of the adult population.
  B) everything else equal, the opt-in system of the United States would generate more organ donors as a percentage of the adult population.
  C) everything else equal, the opt-out system of Spain would generate more organ donors. as a percentage of the adult population.
  D) everything else equal, the opt-out system of the United States would generate more organ donors as a percentage of the adult population.

Question 2

Suppose the government currently places tariffs and/or other import restrictions on good X. Will imposing a tariff and/or trade restriction on good Y necessarily reduce overall social welfare for the economy?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

C

Answer to Question 2

No, this follows from the contrapositive of the Theory of the Second Best. If removing one market distortion while leaving others in place may increase or decrease social welfare, the same is true for adding a market restriction while others are in place.




misspop

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library