Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Macroeconomics Expert

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression).

Examine one case of significant government intervention as it relates to your current industry of employment or an industry in which you are interested in working. Examples of intervention programs include, but are not limited to:

• US agriculture support programs
• Low income support programs (Food Stamps, Earned Income Tax Credit, Child Tax Credit, and Temporary Assistance to Needy Families)
• Medicaid, Children's Health Insurance Program, Obamacare
• Low income rent controls and housing vouchers
• Government promoting renewable energy sources, discouraging fossil fuel sources

Develop a 16-slide presentation including detailed speaker notes or voiceover including the following:

• Describe the intervention and detail its history.
• Analyze the arguments for government intervention as opposed to arguments for market-based solutions.
• Examine who may be helped and who may be hurt by the selected government intervention.
• Examine externalities and/or unintended consequences of such intervention.
• Determine the cost trend of the intervention program since its implementation.
• Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.
• Defend the use of or discontinuation of the selected intervention.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M91968363
  • Price:- $55

Priced at Now at $55, Verified Solution

Have any Question?


Related Questions in Macroeconomics

Question pepsico produces both a cola and a major brand of

Question: PepsiCo produces both a cola and a major brand of potato chips. Coca-Cola produces only drinks. When might it make sense for PepsiCo to divest its potato chip operations? For Coca-Cola to begin manufacturing sn ...

The economics of cities and regions assignment - case study

The Economics of Cities and Regions Assignment - Case Study - Local Government and Economic Planning Local government and economic planning Background: This assignment asks you to link planning, the economy and local gov ...

Question firm 1 must decide whether to enter an industry in

Question: Firm 1 must decide whether to enter an industry in which firm 2 is an incumbent. To enter this industry, firm 1 must choose to build either a plant with a small output capacity (S), or large output capacity (L) ...

Question how would you manage the costs associated with a

Question: How would you manage the costs associated with a value-creation activity? How do costs of operations relate to the strategy of the organization? The response must be typed, single spaced, must be in times new r ...

Question - the statutes of the recently established

Question - The statutes of the recently established European Central Bank (ECB) state that its primary objective is to maintain price stability. How does this charter differ from that of the Fed? What significance does i ...

Question the knowledge economy what leads to a patent race

Question: The knowledge economy What leads to a patent race? Is such a race productive or unproductive? Hint: Think of how patents allow companies monopoly power for a temporary period. The response must be typed, single ...

Question - a student buys a used car for 3000 with no money

Question - A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly. a. What is the monthly loan payment? b. What is the t ...

Question franchise arrangements involve a number of highly

Question: Franchise arrangements involve a number of highly specific investments on the parts of both the parent company (e.g., McDonald's or Hilton Hotels) and the franchisee (the owner of a particular McDonald's or Hil ...

Question - you are in your first semester at college and

Question - You are in your first semester at college and deciding to spend your income between textbooks and food. You have $360 for the month. Textbooks are priced at $20 and food is priced at $10. Your parents decide t ...

Question topic 2 product or service offered and global

Question: Topic 2: Product or Service Offered and Global Consumption Describe the product or service including brand/logo and packaging. In addition, use the following link, and visit the globalEdge website and describe ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As