« previous next »

Author Question: Which of the following is not true of Lindahl prices for collective consumption goods? a. Lindahl ... (Read 60 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?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Calcium consumption is essential for all people Calcium consumption is essential for all people
true story true story
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Video: Miller's reaction chamber experiment Animation

For a complete list of videos, visit our video library