Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN: 9781305506725
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Chapter 5, Problem 2CQ
To determine
Resource allocation to prevent terrorist attacks.
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During the time of a pandemic and the existence of a highly contagious corona-virus, many
scientists recommended wearing a mask. Let's assume that wearing a mask can limit the spread of
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Explain your answers.
Suppose you are the mayor of a city in a developing country. Major commuting routes are badly congested. Your advisors suggest that an odd-even policy may help to alleviate traffic congestion by reducing overall vehicle volumes. Theoretically, is an odd-even policy appropriate for correcting the congestion externality? Why or why not?
The pandemic has upended the way New Yorkers dine out: There are sidewalk tables, open streets, streeteries, and barely anyone eating indoors. Now, as the weather gets colder, there are also plastic bubbles out on sidewalks, too. A video of the dome-shaped tents on a West Village street went viral this week, prompting questions of how safe they are, not to mention just what they are.
Bubbles of various sorts have shown up around the country since restaurants began to ease into this new, strange era of dining out. […] But the igloolike tents can also get costly and require strict sanitation measures, and some health experts question how safe they actually are.
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Economics: Private and Public Choice (MindTap Course List)
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