Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What factors should state governments take into account when deciding how to allocate the scarce funds in their budgets? A. State governments should always allocate

What factors should state governments take into account when deciding how to allocate the scarce funds in their budgets? A. State governments should always allocate enough funds in their budget for prescription drugs so that patients won't die from a disease. B. How best to allocate a state government's limited resources is a normative issue and depends on how governors and state legislators evaluate the trade-offs involved. C. Since state governments' budgets do not have to be balanced, money can be spent on education and health care such that both sectors receive as much money as they need. D. State governments should not have to worry about allocating any money for prescription drugs because this is the patient's responsibility

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Economics

Authors: Thomas Pugel

16th Edition

0078021774, 9780078021770

More Books

Students also viewed these Economics questions

Question

Explain the principles of delegation

Answered: 1 week ago

Question

State the importance of motivation

Answered: 1 week ago

Question

Discuss the various steps involved in the process of planning

Answered: 1 week ago

Question

What are the challenges associated with tunneling in urban areas?

Answered: 1 week ago

Question

What are the main differences between rigid and flexible pavements?

Answered: 1 week ago