Public Finance and the Price System
Macmillan Publishing Company, 1994 - Business & Economics - 566 pages
Focusing 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.
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Overview of Public Sector Fiscal Operations
National Health Insurance 1201 Mandatory Employer Health
The Price System
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additional AFDC allocation analysis average benefit-cost billion budget line capital cash transfer chapter competitive consider consumers consumption demand curve distribution dollar earnings economic economists effects efficient output equal equilibrium estimates evaluate example excise subsidy excise tax expenditure programs external costs families federal Figure finance firms fixed-quantity subsidy food stamp program free rider problem government policies health insurance higher households important incentive income tax increase indifference curve individual inefficient labor low-income lower marginal benefit marginal cost marginal social marginal tax rate marginal welfare cost Medicaid nonrival opportunity cost outcome percent person political process pollution poor problem produce public choice public choice theory purchase quantity quintile receive recipients redistribution reduce replacement rate result retirement saving sector social security sumers supply curve Table tax revenue taxpayers UI benefits unemployed unemployment unit voters wage rate workers