This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to ________, an efficient mix of public goods is produced when local land/housing prices ... (Read 65 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Lobcity on Apr 19, 2019

SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
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.
Answer Preview
Only 25% of students answer this correctly


Lobcity

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Apr 19, 2019
Thanks


SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Public setting Public setting
The Distribution of the World's Land and Population The Distribution of the World's Land and Population
Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ... Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ...
Agricultural Land as a Fraction of Total Wealth in the United Kingdom Agricultural Land as a Fraction of Total Wealth in the United Kingdom
Generalized life cycle for land plants Generalized life cycle for land plants
Video: Dendrite Animation

For a complete list of videos, visit our video library