12 12Federalism Discussion Question (required).Explain the difference between the unitary, confederal, and federal systems of power-sharing. Give examples of countries practicing each type of the power-sharing system. What type of power-sharing system does theUnited States use today?What was the very first type of grants-in-aid provided by the federal government to states? Compare and contrast categorical grants and block grants. What problems are associated with the categorical grants? Why did thefederal government introduce block grants? Why did block grants fail to result in considerable freedom and a lighter tax burden? Give examples for each type of grants-in-aid.Discuss in one or two paragraphs how the federal government and states share power/responsibility to respond to the coronavirus pandemic. Specifically indicate how the two governments have distributed theirresponsibilities according to the US Constitution.

Multiple organizations share military, political, or economic power among them according to…

Explain the difference between the unitary, confederal, and federal systems of power-sharing. Give examples of countries practicing each type of the power-sharing system. What type of power-sharing system does the United States use today?

Explain the difference between the unitary, confederal, and federal systems of power-sharing. Give examples of countries practicing each type of the power-sharing system. What type of power-sharing system does the United States use today?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 3PA

See similar textbooks

Similar questions

4 Discuss the main theories underlying mercantilism and justify its relevance in current times by providing examples of countries that are implementing mercantilist policies.
QUESTION 45How does privatization help stimulate gains in economic efficiency?It allows newly privatized firms to gain monopoly position in a particular industry.It provides incentives to new private owners to search for increases in productivity and to enter new markets.It encourages state control over price and production output.It raises barriers to direct investment by foreign enterprises.It results in reservation of heavy industry for state ownership and the increase of import tariffs. QUESTION 46In what type of economy are certain sectors of the economy left to private ownership and free market mechanisms, while in other sectors there is significant state ownership and government planning?CommandPure marketMixedCentrally plannedLaissez-faire QUESTION 47Even workers with advanced manufacturing skills do not earn higher wages than less skilled workers and have little opportunity in the manufacturing sector. True False QUESTION 48Time zones, languages, and the need for proximity to…
5 1)define neoliberalism and 2) briefly discuss why this global system can be viewed as problematic for people in lower socio-economic status groups.
1. ‘China’s economic transformation since the late 1970s has been a process of neoliberalization, and, as such, it has resulted in growth without development.’ Discuss and give arguments coherently.
2. Professor Moretti described the Great Divergence within the American economy. Explain the origins of this divide. Which geographic regions are most impacted? Which demographics are impacted most? What is the role of globalization in reinforcing this divide?
Question 2 [We learned in class, that policymakers are interested in bolstering the country’s economic long-term productive capacity, which contributes towards stronger economic prosperity and enhanced social and individual well-being.] (a) [A nation’s economic prosperity is strongly dependent on the productive capacity of its economy. What are the main factors (or “ingredients”) that determine the productive capacity of a nation’s economy? Are there any limitations to these sources of growth and productivity? (b) We know that technological progress (innovation, ideas, knowledge breakthroughs) can help overcome barriers to economic growth as discussed in Question 2 part (a). Identify two sustainable development goals (SDG’s) and discuss how technological progress can assist in progress towards goal achievement.
14. In the video entitled, "Commanding Heights - The Agony of Reform," what important lessons were learned about creating economic prosperity? Multiple Choice O. That personal liberty, private property rights, respect for law & contracts, a well-fed & educated population, along with safety in the streets are important pre-conditions for a successful economy. O. The less government intervention in the economy, the better off people would be. O. The government should not print tremendous amounts of money faster than their GDP growth, otherwise a terrible inflation and more poverty would often be the result. O. All statements are true. 18. What were some of the good results from the recent USMCA trade deal signed in 2019? Multiple Choice O. It has tax and other incentives for small business to get involved with trade between Canada and Mexico. O. The USMCA actually encourages that higher wages to paid to Mexican workers. This should help to grow their middle-class. O. All…
Explain why the government might prefer to provide incentives to private firms to do investment or research and development, rather than simply doing the spending itself?
3. Equality versus efficiency All societies face a trade-off between efficiency and equality. If the government lowers income taxes on Americans in the top one percent of earners, while decreasing welfare payments to citizens with incomes below the federal poverty threshold, the most likely result is a decrease in efficiency and a decrease in equality in the United States. Match each definition to its appropriate concept. Definition When economic benefits are distributed uniformly across society When a society gets the most it can from its scarce resources Equality Efficiency Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.
1.Do you believe Amazon is taking unfair advantage of the tax system? 2.If tax laws are changed so that companies are no longer allowed to reduce their tax debt by deducting expenses for investment into research and development, do you think companies will reduce spending on innovation? Why or why not? 3.How can communities attract business investment without giving away their tax revenue? 4.Globalization has made it more difficult for national governments to tax : orporate income effectively because it is difficult to establish where the income was earned. Companies like Amazon exploit this to shift their tax burdens to countries with lower rates, effectively depriving some countries of revenue they deserve and need and sending money to countries that do not bear the cost of supporting the company's operations. Should countries compete for corporate tax revenue by offering lower rates than their neighbors?
1. Haiti is one of the poorest countries in the world. Suppose you were asked to be an advisor to the policymakers of Haiti. Please briefly discuss two policies that you would recommend to them to promote economic development in their country.
QUESTION 11 Absolute advantage simply compares the productivity of a worker: In leaner years. To the productivity of capital. In one year to that same worker in a different year. Between countries. All of the above