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Assignment: State and Local Finance
Consider the following argument: The streets have been paid for by and belong to the people. Therefore, parking meters should be abolished. Analyze that position and prescription. Use a diagram to support your answer.
When writing your answer consider:
a. If there were no parking fees, how would the available parking spaces be allocated?b. Which allocation system is better?c. Who benefits from each type of allocation system?d. After abolishing parking meters, would people perceive that there is more or less of a "parking problem"?e. If parking fees or meters are used, should the cost of parking vary or be the same for everyone all the time?
Joe earned a high grade-point average during his four years of college. Is this achievement a strong signal to Joe's future employer that he will be a highly productive worker? Why or why not?
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Prince Sports wants to exploit a favorable trend-the dramatic growth in tennis participation. For example, a recent study by the Sporting Good Manufacturers Association notes that tennis participation in the U.S. was up 43 percent from 2000 to 200..
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pareto optimality states a change is efficient as long as at least one person is better off and no people are worse off
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