In what sense does the use of debt financing by a national government impose a burden on the future generation? How does debt financing increase
public service question
Assignment Content
Individually, prepare a response to the following questions:
Question #10 in the section “Review Questions” in Ch. 12 of Public Finance: A Contemporary Application of Theory to Policy
Question # 10 in the section “Review Questions” in Ch. 18 of Public Finance: A Contemporary Application of Theory to Policy
Problem #5 in the section “Problems” in Ch. 18 of Public Finance: A Contemporary Application of Theory to Policy
Share your responses with the Learning Team.
As a team, prepare a 700- to 1,050-word summary of concepts used to respond to the questions and include the following:
How were they useful?
How are these concepts used in government today?
Format your paper consistent with APA guidelines.
Ch12 Q10. In what sense does the use of debt financing by a national government impose a burden on the future generation? How does debt financing increase the wealth? of the current generation compared with tax financing? Under what circumstances will the burden of the debt on future generations be offset.
Ch18 Q10. Why are matching grants likely to be more effective in increasing local government spending than are equal-dollar nonmatching grants? Explain how matching grants can help achieve efficiency by internalizing interjurisdictional externalities.
Ch18 Q5. Explain why using the local property tax to financea given quantity and quality of public schooling canresult in low tax rates in rich jurisdictions but hightax rates in poor jurisdictions. How do state govern-ments supplement local finance of education toinsure equality of opportunity in education? Go toyour state governments Web site and find out howelementary and secondary education is financed inyour state.n to pay for those services?
Requirements: 250 to 350 words
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