How a federally funded project might be wasteful

Assignment Help Econometrics
Reference no: EM131139216

EARMARKS-EFFICIENT PUBLIC GOODS OR INEFFICIENT PUBLIC PORK?

The advocacy organization Citizens A gainst Government Waste (CAGW) identifies earmarks in current legislation that it concludes reflect government waste. Go to and search through the CAGW Web site to find five recent examples of alleged wasteful expenditures. What kinds of additional information would you need before you accepted the group's assertion that each of the five projects is indeed wasteful? Explain how a Federally funded project might be wasteful from a national perspective, yet still be highly beneficial for a specific city or state.

Reference no: EM131139216

Questions Cloud

What are the characteristics of a pc firm : Using Hot Dogs, Graph the market and the individual supply, demand and costs for Hot dogs side by side. Make sure to include the S.R. and L.R profits
What will be the effect on the level of investment by firms : What happens to the equilibrium real interest rate and the quantity of loanable funds? What will be the effect on the level of investment by firms and the economy's capital stock in the future?
In reviewing the accounts of keri ann company : Write a memo to Keri Ann Nickels, the owner of Keri Ann Co. that explains the following: the nature and purpose of adjusting entries, why adjusting entries are needed, and the types of adjusting entries that may be made.
Happy camper park was organized on april 1 : (b) Explain to Amaya the generally accepted accounting principles that she did not recognize in preparing her income statement and their effect on her results.
How a federally funded project might be wasteful : Explain how a Federally funded project might be wasteful from a national perspective, yet still be highly beneficial for a specific city or state.
What acute angle does the pier form with the shoreline : What acute angle (correct to the nearest 0.1 degree) does the pier form with the shoreline? Is there more than one possibility? if so how can we know which is the correct one
What is the cardiac output over a period of one minute : Blood Flow. A typical human heart pumps 70mL of blood with each stroke (stroke volume). What is the cardiac output over a period of 1 min. (use calculus, the check answers with algebra
How the anual report spends on rand d : It talks about what sells during what time of year, and its typical customer (stores, wholesalers, and other distributors). It also breaks down the competition and how it spends on R&D.
Find the points on the curve : A particle is moving along the curve y= x3. Find the points on the curve at which the y-coordinate is changing 3 times as fast as the x-coordinate

Reviews

Write a Review

 

Econometrics Questions & Answers

  Significant positive impact on gnp

Fill in the blank parentheses - The monetarists maintain that money supply has a significant positive impact on GNP. How would you test this hypothesis?

  What combination of actions would be most consistent

(1) consumption = $400 billion; (2) investment = $40 billion; (3) government purchases = $90 billion; and (4) net exports = $25 billion. If the full employment level of GDP for this economy is $600 billion.

  How much total profit is the firm earning at the price

Suppose a monopolist charges a price of $27 for its product and sells 10 units at that price. At 10 units of production the firm has average fixed cost equal to $10 and average variable cost equal to $12. How much total profit is the firm earning ..

  What in your opinion happened to the equilibrium price

If income elasticity of demand of good X is 0.89, what will happen to equilibrium price if there is an increase in income of consumers. Draw a diagram to support your answer.

  Explain whether mo is reasonably describing his preferences

Consider Moe. He only buys apples and bananas with his income. Moe says he considers apples and bananas both inferior goods. Using the concept of income elasticity, precisely explain whether he is reasonably describing his preferences.

  Determine the maximum allowable value of rc

We wish to design the common-base stage of Fig. 11.93 for a -3-dB bandwidth of 10 GHz.

  How many total earmuffs will be sold in the market

Consider the market for earmuffs; there are two buyers, John and Joe. John has a demand function given by D(p)=16-3P and Joe has a demand function given by D(p)=30-2p. (both demand functions are implicitly bounded below by 0)

  Calculate aggregate social welfare in the competitive market

b. Calculate the aggregate social welfare in the competitive market c. Suppose Christmas tree suppliers get together to form a price-setting cartel (monopoly). What will price and quantity in this market be

  Will there be an income and a substitution effect at work

Pam has chosen her best affordable combination of cookies and comic books. She spends all of her income on 30 cookies at $1 each and 5 comic books at $2 each. The price of a cookie falls to 50 cents and the price of a comic book rises to $5.

  What is the expected pretax accounting profit

You need $100,000 in equity, which you can withdraw from your bank account that is currently paying 2% per year in interest, and a $400,000 loan with a 15% interest rate. What is your expected pretax accounting profit from your proposed agency.

  How does total output depend on the total amount of labor

Suppose that the production of crayons (q) is conducted at two locations and uses only labor as an input.The production function in location 1 by Q1=10Lx^0.5 and in location 2 by Q2=50Ly^0.5

  What effective price increase is facing japan air lines

If Boeing's dollar aircraft prices increase 20 percent and the yen/dollar exchange rate declines 15 percent, what effective price increase is facing Japan Air Lines for the purchase of a Boeing 747 Would Boeing's margin likely rise or fall if the ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd