Temporary assistance to needy families

Assignment Help Business Economics
Reference no: EM131094712

Suppose that the U.S. Congress is debating whether to end the Temporary Assistance to Needy Families (TANF) program and instead let local governments replace this program with their own programs. Which approach would be more efficient? Explain.

Explaini briefly what effects the following grant schemes generate and draw a graph to illustrate:

a. block grant

b. conditional block grant

c. matching grant

Reference no: EM131094712

Questions Cloud

Economic reasons that led to this shutdown : Between October 1st and October 16th, 2013; the United States experienced partial Government Shutdown. In your view, what were the economic reasons that led to this shutdown? Is it likely for US to experience another shutdown in future?
Increase in the demand for his products since the close : A factory that employs more than 70% of the workforce in the community of Green Island has closed, because of foreign imports. john who operates a convenient store within the community noticed a sudden increase in the demand for his products since th..
Institutional changes in developing countries : Discuss " Institutional changes in developing countries have been slow and despite the flurry of modern technologies in recent years the impact is modest and behaviors continue to be driven by old traditions"
More inter-industry or intra-industry : Would you expect trade with Germany would be more inter-industry or intra-industry (factor endowments)? Why? Please find the data of imports and exports to Germany and include it with your assignment. Do the data support or contradict your hypothesis..
Temporary assistance to needy families : Suppose that the U.S. Congress is debating whether to end the Temporary Assistance to Needy Families (TANF) program and instead let local governments replace this program with their own programs. Which approach would be more efficient? Explain.
Consider to be the biggest current market failure : What do you consider to be the biggest current market failure in the U.S. economy? Why? How should the failure be addressed?
How does the institution-based view complement : How does the institution-based view complement and differ from the industry-based and resource-based views? Why has the institution-based view become a third leg in the strategy tripod?
At what price should you sell the bracelets : You sell bracelets online. The demand for these bracelets is: At what price should you sell the bracelets?
Perfectly elastic demand but only somewhat elastic supply : What would happen if sellers must begin paying a tax on some good that has perfectly elastic demand but only somewhat elastic supply?

Reviews

Write a Review

Business Economics Questions & Answers

  What would be the dollar value of the recessionary gap

Back in 2000, the Canadian unemployment rate averaged 6.8 percent and current dollar GDP reached $1056 billion (or $1.056 trillion). Pierre Fortin, a leading Canadian macroeconomist affiliated with the Université du Québec à Montréal, had estimated C..

  Federal reserve had to resort to non-standard methods

The Federal Reserve had to resort to non-standard methods to try to stimulate the economy the last several years in part because:

  Consumer promotions-media advertising

The allocation of promotional dollars between ‘pull’ (consumer promotions + media advertising) and ‘push’ varies drastically for many advertisers across countries. What are the factors behind these variations?

  Q 1 country z is a developing country that is facing

q. 1. country z is a developing country that is facing problems of deforestation. for agriculture farmers are clearing

  Risk averse-risk loving and risk neutral

Lakisha has a utility function for income given by U(I)=√I. Lakisha is ___ (risk averse/risk loving/risk neutral). Lakisha is considering an investment that would give her an income of $10,000 with a probability of .5 or an income of $20,000 with a p..

  Twenty-five years a countrys nominal gdp grew

Assume that over the last twenty-five years a country's nominal GDP grew to three times its former size.

  Calculate the equilibrium price and quantity of golf balls

Consider the following demand and supply relationships in the market for golf balls: Qd = 90 − 2P − 2T and Qs = −9 + 5P − 2.5R, where T is the price of titanium, a metal used to make golf clubs, and R is the price of rubber. a) If R = 2 and T = 10, c..

  Industrys profit maximizing output level

Illustrate what is the industry's profit maximizing output level. Is the organization in long-run equilibrium.

  What is the steady-state output per capita level

Assume an economy with an aggregate production function of the form Y = 1.5K. If the nation’s population grows at 5%, the rate of depreciation is 3%, and the savings rate is 8%, what is the steady-state output per capita level?

  Positive also negative consequences of such policies

Fed's policies both in terms of the positive also negative consequences of such policies also in relation to the Keynesian also classical theories.

  Use second order conditions to find the firm maximum

The demand price for a monopolistic firm’s product is a function of quantity q and quality s: P(s,q) = s(a – bq) , while the firm’s production cost is a function of quality s only: C(s, q) =0.5s^2. Find all critical points (s,q) of the monopolist’s p..

  Illustrate what marketplace structure did you assume

Illustrate what marketplace structure did you assume. Would your answers in b change if the marketplace for sewing machines were competitive.

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