Unity of private and social interest can only be achieved by a well-managed central planning board. O True O False

Q: What is the main factor preventing a large community from influencing policy in the same way as a…

A: In an economy, people make their small or large communities according to their similarities in…

Q: Please give the stages of public policies

A: Following are the stages of public policies:

Q: A cost-benefit analysis of a public policy involves evaluating the A total cost and total benefit of…

A: In an economy, public policy refers to the government action or program that provides benefit to a…

Q: List some of the ways that the problems caused byexternalities can be solved without…

A: Externality refers to the spillover of benefits or costs to a third party other than the immediate…

Q: How do you see the actions of America's national government affecting your everyday life? What…

A: The national government can influence an individual's daily life in various ways. The following will…

Q: Even though many school zones don’t have muchtraffic and aren’t regularly monitored by the policefor…

A: The common resource or property is nonexcludable and rivalrous because no one can be excluded from…

Q: Which is more difficult for a company to accomplish well, an analysis of external opportunities and…

A: A firm needs to analyze the strengths, weaknesses, threats, and opportunities firm. This can be done…

Q: (Types of Legislation) describe the four different categories of legislation based on the…

A: The cost benefit analysis is an important method used in economic to determine which projects to be…

Q: What is a neo-liberal agenda that will advance the public sector?

A: There are various ideologies to deal with a specific social and economic conditions. Neo-liberalism…

Q: Q: What approach did the government take regarding the econor nd business in the 1920's? elect one:

A: 1920s period was marked by the economic fluctuations throughout the world.

Q: describe the four different categories of legislation based on the distribution of costs and…

A: The four categories of legislation are based on concentrated and widespread costs and benefits.…

Q: alleviating inequality in society and improving governance? Cite three examples.

A: The concept of the distribution of opportunities and resources being unjust or unequal among the…

Q: How can the government accelerate the economic performance of its leading businesses or industries?

A: Economic growth models are designed to show how growth in capital stock, increase in the labour…

Q: True or False a: Medicad and Medicare are examples of Regulatory policies. b: The social underclass…

A: Medicaid and Medicare ade the related with healthcare of population . And they are different at the…

Q: Which one of the following is true about Planning Commission?

A: To find : Which is true about planning commission.

Q: How does the problem of limited and bundled choice in the public sector relate to economic…

A: Limited and bundled choice in the public sector leads to a reduction in economic efficiency. The…

Q: 2) E-government constitutes a technology-enabled part of the government or public sector governance…

A: In an economy, the internet is used to make e-connection with the people within the economy and…

Q: How does the problem of limited and bundled choice in the public sector relate to economic…

A: ANS In the political process, the minimal and bundled option appears to decrease economic efficiency…

Q: Why are public goods different than private goods? Group of answer choices Public goods are…

A: Private good: In the case of private good goods that cannot be used by every one simultaneously.…

Q: The Lindahl model presupposes that the public good is delivered in such a way that everyone…

A: The answer is -  The Lindahl model presupposes that the public good is delivered in such a way that…

Q: Name the impact of leveraging on businesses in today’s economic climate?

A: The ratio of a company's equity to its debt is classified as economic leveraging. This is an…

Q: Assuming the government pays higher cost of production by paying wages that are higher than the…

A: As the government pays higher cost of production by paying wages higher than the market wage rate or…

Q: a. Suppose that the Scarceland economy is currently in recession, so that there is high level of…

A: Within the function, consumer PPC is limited and constrained. It illustrates a tradeoff between…

Q: two reasons why an amendment is more important than a law

A: The laws are the rules and regulations set by the government of a nation which we have to obey in an…

Q: Briefly explain the free rider problem with respect to the funding of local public schools. How does…

A: Answer given below,

Q: Do you think that higher education in engineering should receive a greater government subsidy…

A: Education plays a very significant role in increasing the cognitive skills, efficiency and knowledge…

Q: Describe the role of government and need of it, individually, in all types of such market situations

A: In terms of economics, economists identify different major functions of government in the market of…

Q: A cost-benefit analysis of a public policy involves evaluating the A total cost and total benefit of…

A: Cost Benefit Analysis helps in taking appropriate decision by weighing the pros and cons of various…

Q: Problem 4. Answer the following questions a) Describe the Lucas critique.

A: since you have asked multiple questions and according to policy we can solve only 1 question and for…

Q: Corporations exist as legal entities with certain advantages (such as limited liability) because…

A: In a market, when an organization operates its business, it makes decisions according to the market…

Q: xplain the economic impact of unconditional non-matching (intergovernmental) grants, using a…

A: Intergovernmental grants are one of the compelling strategy device that centers around improving the…

Q: How can overproduction trigger crisis in Capitalism?

A: The accumulation of unsaleable stocks in the hands of businesses is known as overproduction.…

Q: What do you see as the biggest flaw in using benefit-cost analysis to guide public policy?

A: Companies employ a cost-benefit analysis to figure out which decisions to make and which to avoid.…

Q: three key features of the public policy environment

A: Introduction A government or its institution chooses or adopts a specific and deliberate course of…

Q: 2. Explain whether the following statement is true or false. "Governance is exercised only by the…

A: Structures and processes aimed to provide accountability, transparency, responsiveness, rule of law,…

Q: The Lucas Critique suggests that: a.Without knowing why poeple behave the way they do, empirical…

A: When talking about Lucas model, it is said that the model is primary based on rational expectations…

Q: Explain why governments sometimes proceed with a project even if the private costs exceed the…

A: In the free market, the goods and services are provided by the private sector at the price…

Q: Which economic concept most closely relates to the legal concept of justiciability? economies of…

A: Justiciability is the condition where the benefit of a person does not cause injustice for the other…

Q: Name several nongovernmental regulatory forces.Do you believe self-regulation is more or…

A: Non-governmental: Associations free of government contribution are known as non-administrative…

Q: Among the following cases, the opportunity cost of crowding out is the smallest when the government…

A: Crowding Out: It is an economic phenomena where it is believed that when the public sector spending…

Q: Which of the following would tend to make it challenging for governments to provide the correct…

A: Tax is the amount of money that government imposes on the commodity or income of an individual.

Q: What are the components of a public policy model?

A: A political system under which forces are brought to bear on it from the environment that is…