Handicap access to buildings is becoming very expensive for many operators of public buildings. Are the laws mandating such alterations based on social efficiency or some other criteria?
What will be an ideal response?
This question can be answered different ways. Many will argue that it is inefficient to spend thousands of dollars for very limited usage. They will suggest that the laws requiring the expenditures are based on a Rawlsian view of justice and morality. Others will argue that the laws are efficient because society is well served by a greater awareness of the life of handicapped people and by their unique contribution to welfare in general. The point here is that each argument should be logical and clearly articulated.
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If the euro per dollar exchange rate changes from $1 = 0.8 euros to $1 = 0.7 euros, it implies that the euro has depreciated against the dollar
a. True b. False Indicate whether the statement is true or false
Use the figure below to answer the following question.
The marginal benefit of the second unit of X is ________.
A. 17 B. 4 C. 5 D. 11
Suppose that the current federal funds rate is below the federal funds target rate. In order to raise the federal funds rate the Fed will ________________ securities on the open market which will ________________ the supply of reserves in the market for reserves, pushing the rate closer to the target rate
A) sell; increase B) purchase; increase C) purchase; decrease D) sell; decrease
The idea of government failure includes all of the following except
What will be an ideal response?