Uncategorized Archives – Page 147 of 1598

‘While financial markets are now starting to absorb the immediate Brexit shock, the economic.
August 8, 2017
Consider an economy where individuals live for two periods only. They have the utility function…
August 8, 2017
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Uncategorized Archives – Page 147 of 1598

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The federal government would like to give grants to local states to promote free medical vaccinations for children. However, because of a limited budget the federal government wishes to target its spending as evidently as possible.a. Define what would be a matching grant, and explain why it could be preferable to a block grant.

b. Now consider a closed-end matching grant that matches state spending dollar for dollar up to a specified amount, at which point the subsidy is phased out. Do you think a closed-end matching grant is preferable to an open-end matching grant?

 

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