Which of the Following Government Programs Are Likely to Aid

question 108

Multiple Choice

Which of the following government programs are likely to aid the rich more than the poor?

• A) food stamps
• B) school lunch programs
• C) subsidies for the arts
• D) public housing subsidies

Analyze the economic implications of policies designed to correct for positive externalities.

Illustrate how external benefits influence the socially optimal level of good or service provision.

Explain the rationale and effects of emissions taxes and tradable emissions permits.

Understand the effects of positive externalities on the level of production and consumption in the absence of government intervention.

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Definitions:

Net Float

Net float is the difference between the amount of checks written by a company and the amount that has been cleared and charged to the company's account, affecting its available balance.

Collection

The process of obtaining payment on outstanding accounts or the grouping of specific items, as in art or stamps.

Disbursements Float

The time difference between when a payment is made by a firm and when the funds are actually withdrawn from the firm's bank account.

Preauthorized Payments

Automated payments set up to charge a bank account or credit card for recurring bills or subscriptions on a pre-set schedule.