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Diagram the median voter model and identify the tax price of

Paper help Economics Diagram the median voter model and identify the tax price of

Economics

Diagram the median voter model and identify the tax price of

Diagram the median voter model and identify the tax price of the median voter. Then using the notati… Show more Diagram the median voter model and identify the tax price of the median voter. Then using the notation developed by Neenan (delta a/delta s< o; delta a/delta c<0; delta a/delta K>0; ) diagram and discuss the effects on Tax Price, the level of public expenditure, and the level of private expenditure of the following chnages: there is an increase in state aid to education and the tax price elasticity for education expenditures is the value from this model: ln C = -1.859 + .479 ln Y – .448 ln T + .225 ln E + .160 ln S + .129 ln F ln C = natural log of current spending ln Y = natural log of income ln T = natural log of tax price ln E = natural log of enrollment ln S = natural log of state aid ln F = natural log of federal aid • Show less

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