We now return to the questions raised at the beginning of the chapter: For a given government

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We now return to the questions raised at the beginning of the chapter: For a given government expenditure, does a childcare per-hour subsidy or a lump-sum subsidy provide greater benefit to recipients? Which option increases the demand for childcare services by more? Which one inflicts less cost on other consumers of childcare?

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Microeconomics

ISBN: 9780133456912

7th Edition

Authors: Jeffrey M. Perloff

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