Public Finance and the Price SystemFocusing on questions and techniques in public finance, this edition aims to provide a balanced coverage of expenditure policies, and includes a new chapter on deficit finance, as well as examinations of social security, health care, tax laws and other governmental policies. |
Contents
Overview of Public Sector Fiscal Operations | 2 |
Individual Freedom 15 Tradeoffs Among the Criteria | 15 |
Public Goods | 26 |
Copyright | |
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additional AFDC allocation amount analysis average tax rate before-tax billion budget line capital income consider consumers consumption corporation income tax debt decile deficit finance demand curve distribution earnings economic economists efficient elasticity equal equilibrium estimates example excise tax expenditures external benefits families Figure firms food stamp food stamp program higher households important incentive incidence income effect increase indifference curve investment labor income labor supply Laffer curve low-income lower marginal cost marginal tax rate marginal welfare cost measure money income net wage output payroll tax percentage persons policies pollution produce programs progressive tax property taxes quintile rate of return rate tax receive redistribution reduce result retirement benefits sales tax saving social security substitution effect supply curve Table tax base tax burden tax incidence tax revenue taxable income taxation taxpayers transfer U.S. Government Printing unit voters wage rate workers