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 before-tax benefit-cost billion budget line capital income chapter consider consumers consumption deficit demand curve distribution dollar earnings economic economists efficient EITC elasticity equal equilibrium estimates example excise subsidy excise tax external benefits families federal Figure finance fixed-quantity subsidy food stamp program free rider problem health insurance higher households important in-kind incentive income effect increase indifference curve individual inefficient investment labor supply low-income lower marginal benefit marginal cost marginal tax rate marginal welfare cost measure Medicaid Medicare net wage nonpoor output payroll tax persons policies pollution poor poverty produce progressive tax purchase quantity quintile rate of return rate tax receive recipients redistribution reduce result retirement benefits saving sector social security substitution effect supply curve Table tax burden tax revenue taxable taxation taxpayers unemployment unit voters voting wage rate workers