Chapter 30 Analyzing Public Sector Economic Activity

Class Discussion Questions


1. Does the attitude toward the production of public goods differ from generation to generation? Give examples of these differences, 
    especially as they relate
to current discussions concerning which goods to produce.




2. Should Medicare pay for a cancer drug which increases the cure rate from 6.9% to 7.0%? Expected cost, $200,000 per life saved. 





3. Discuss the cost-benefit statistics concerning government regulation presented n section IV of file 30.. Include in your discussion the
    subjective nature of
measuring the cost and benefit of this type of data.
















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