2. The microeconomic theory of fertility provides an opportunity to determine how public policies that were designed
Question:
2. The microeconomic theory of fertility provides an opportunity to determine how public policies that were designed for quite different purposes could affect fertility rates. Identify some public policies (e.g., subsidies to people who own their own home, or subsidized day care) that could have an effect on fertility rates, and describe the relationship.
1. Some education is funded by property taxes, whereas other forms of education are funded by charging tuition. Suppose that within a community, more money is needed for education. Assuming that they raise the same amount of revenue, would the rising cost of education have the same effect on the desired number of children, regardless of whether the system was funded by property taxes or tuition? Using the microeconomic theory of fertility, trace the expected impacts.
Step by Step Answer:
Environmental And Natural Resources Economics
ISBN: 9780131392571
9th Edition
Authors: Tom Tietenberg, Lynne Lewis