Economics For Today
9th Edition
ISBN: 9781305507074
Author: Tucker, Irvin B.
Publisher: Cengage Learning,
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Question
Chapter 1, Problem 14SQ
To determine
Identify the positive economic statement.
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The state has decided to increase funding for public education. They are considering four alternative taxes to finance these expenditures. All four taxes would raise the same amount of revenue.1.sales tax on food.2.tax on families with school-age children.3.property tax on vacation homes.4.sales tax on jewelry.(1) Taxes change incentives. How might individuals change their behavior becauseof each of these taxes?
Which of the following predictions is consistent with public choice theory?
a.
Voters always cast votes based on hard facts, not based on whether they like a candidate's personality.
b.
Legislation enacted is rarely a result of special interest legislation.
c.
Many voters will be uninformed on political and government issues.
d.
Voters always cast votes based on whether they like a candidate's personality, not on hard facts.
Suppose that college tuition is eliminated for every admitted student to a public community college or a public 4‑year college or university.
a. Such a policy would likely lead to
a.a decrease in human capital, conferring a cost
b.an increase in human capital, conferring a benefit
.
b. Such a policy would also lead to
a.lower taxes, conferring a benefit
b.higher taxes, conferring a cost
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c. Such a policy would also lead to a
a.rise
b.fall
in enrollment at private colleges and universities.
Chapter 1 Solutions
Economics For Today
Ch. 1.6 - Prob. 1YTECh. 1.7 - Prob. 1YTECh. 1.7 - Prob. 2YTECh. 1.7 - Prob. 3YTECh. 1.A - Prob. 1SQPCh. 1.A - Prob. 2SQPCh. 1.A - Prob. 1SQCh. 1.A - Prob. 2SQCh. 1.A - Prob. 3SQCh. 1.A - Prob. 4SQ
Ch. 1.A - Prob. 5SQCh. 1.A - Prob. 6SQCh. 1.A - Prob. 7SQCh. 1.A - Prob. 8SQCh. 1.A - Prob. 9SQCh. 1.A - Prob. 10SQCh. 1.A - Prob. 11SQCh. 1.A - Prob. 12SQCh. 1.A - Prob. 13SQCh. 1.A - Prob. 14SQCh. 1.A - Prob. 15SQCh. 1.A - According to Exhibit A-5, what is the relationship...Ch. 1.A - Prob. 17SQCh. 1.A - Prob. 18SQCh. 1.A - Prob. 19SQCh. 1.A - Prob. 20SQCh. 1 - Prob. 1SQPCh. 1 - Prob. 2SQPCh. 1 - Prob. 3SQPCh. 1 - Prob. 4SQPCh. 1 - Prob. 5SQPCh. 1 - Prob. 6SQPCh. 1 - Prob. 7SQPCh. 1 - Prob. 8SQPCh. 1 - Prob. 1SQCh. 1 - Prob. 2SQCh. 1 - Prob. 3SQCh. 1 - Prob. 4SQCh. 1 - Prob. 5SQCh. 1 - Prob. 6SQCh. 1 - Prob. 7SQCh. 1 - Prob. 8SQCh. 1 - Prob. 9SQCh. 1 - Prob. 10SQCh. 1 - Prob. 11SQCh. 1 - Prob. 12SQCh. 1 - Prob. 13SQCh. 1 - Prob. 14SQCh. 1 - Prob. 15SQCh. 1 - Prob. 16SQCh. 1 - Prob. 17SQCh. 1 - Prob. 18SQCh. 1 - Prob. 19SQCh. 1 - Prob. 20SQ
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