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

Author Question: Consider the allocation of a nation's resources between additional public-sector spending versus ... (Read 73 times)

jmoore1989

  • Full Member
  • ***
  • Posts: 139
on: Oct 12, 2022
Consider the allocation of a nation's resources between additional public-sector spending versus additional private spending. James Buchanan argued that
◦ given the current size of government, the value of the marginal dollar spent by government is less than the value of that dollar left in the hands of households or firms.
◦ public sector spending is always subject to corruption and is therefore not as valuable as private spending.
◦ the marginal utility of an additional dollar's worth of spending on public goods is higher than an additional dollar's worth of spending on private goods.
◦ compared to private spending, public spending leads to more sustained long-run economic growth.
◦ compared to public spending, private spending leads to more sustained long-run economic growth.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jmoore1989 on Oct 12, 2022

breounasmoot

  • Full Member
  • ***
  • Posts: 178
Reply #1 on: Oct 12, 2022
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 35% of students answer this correctly


jmoore1989

  • Member
  • Posts: 139
Reply 2 on: Oct 12, 2022
:D TYSM

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Orientation versus navigation. Orientation versus navigation.
Normal bone versus bone with osteoporosis. Normal bone versus bone with osteoporosis.
In 1790, as now, the most densely populated part of the nation was the coastal r In 1790, as now, the most densely populated part of the nation was the coastal r
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ... Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Video: Asthma Treatment

For a complete list of videos, visit our video library