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In: Economics

3. Make the best case you can for the following: a. Parents being entirely responsible for...

3. Make the best case you can for the following:

a. Parents being entirely responsible for the care of their children.

b. Employer-financed day care.

c. Government-financed day care.

Tip: Use economic theories about the incentives of parents and firms, and think about whether children are public goods or generate externalities when considering the role of government. Consider the twin goals of equity and efficiency.   

Solutions

Expert Solution

Rahul Sunny answered 2 years ago
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