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Why, according to Tiebot, does a satisfactory theory of public finance require three...
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- perfect mobility of consumers to ideal communities
- perfect information about communities, amenities and goods available
- consumption of goods does not detract form others' consumption, in fact renders good back to other community members
- government ascertains consumers wants
- government taxes according to known wants
- government acts so that "revenue-expenditure pattern for goods and services [will] adapt to consumer preference"
Tiebot's assumptions are:
The objectives ientified for government are that:
Posted by karythcara on September 23, 2013 at 9:40 PM (Answer #1)
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