DB Role of Government
How do private and public good differ?
Give 2 examples of each with explanation.
How do regressive and progressive taxes differ?
Give 2 examples of each.
What are some of the reasons for market failures?
Give some examples of markets fail?
Your initial post must be at least 100 words
1.can only government supply a public good?
2. what is a public good
3. How is a Public Good Different than a Private Good
4. What are the Challenges related to public good? How should
the “ Free Rider” problems should be addressed.
What is the efficiency condition for a public good? What is the condition that describes output if the public good is delivered privately? What is free riding? How might free riding lead to even less private provision of public goods?
How can the following code be corrected? Give at least two good
answers.
1 public class H2ClassC {
2 H2ClassC (int a) {}
3 } // end class H2ClassC
4
5 class H2ClassD extends H2ClassC{
6 } // end class H2ClassD
Explain the concepts and compare them with
examples
Private good
Pure Public good
Impure Public good
In which of the above categories will you place Indian
railways. Give reasons for your answer.
A) Give an example of a public good that you personally value.
Explain how it is non-rival and comment on the degree to which it
is non-rival. Explain how it is non-excludable and comment on the
degree to which it is non-excludable. Please be specific.
B) The minimum wage. Why does government do this activity? Do
you agree or disagree with this government intervention, and
why?