subject
Business, 06.09.2021 21:30 serenityjohnson98765

The Senate, the legislature of the fictional country of Romange, is considering legislation that will generate benefits of $20 million and costs of $26 million. For perspective, Romange's population is 40 million. Passing the legislation isefficient , and if everyone in Romange shared equally in both its benefits and its costs, the Senate will votefor the legislation. If the benefits of the legislation are concentrated among a few people instead of widespread among the population, those people will be willing to spend up to lobbying the Senate for the legislation. (Note: Assume that the costs are widespread; therefore, you can ignore them in the calculations of the few who experience the benefits.) The less widely spread are the costs of the legislation, the is the likelihood of lobbying against the legislation by those who will incur its costs. Suppose that, as before, the benefits of the legislation are concentrated among a small group, the costs are very widespread, and the Senate is responsive to lobbying. The likely amount spent on lobbying against the legislation is , in which case the Senate will likely vote the legislation.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions
Answers: 3
question
Business, 22.06.2019 11:20
Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).
Answers: 3
question
Business, 22.06.2019 11:30
Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million
Answers: 3
question
Business, 22.06.2019 19:40
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
Answers: 2
You know the right answer?
The Senate, the legislature of the fictional country of Romange, is considering legislation that wil...
Questions
question
Mathematics, 25.05.2021 22:40
question
Mathematics, 25.05.2021 22:40
question
Mathematics, 25.05.2021 22:40
question
Mathematics, 25.05.2021 22:40
question
Chemistry, 25.05.2021 22:40
question
Mathematics, 25.05.2021 22:40
question
Mathematics, 25.05.2021 22:40
Questions on the website: 13722360