HA4017 Why or Why Not Big Government? (Class Activity)
Across
- 1. One of the country used for comparisons of revenues and spending
- 4. Alleviation of this is considered a public good
- 6. One factor in stabilisation is time ____
- 7. Only about 11% of education spending is done by the _________ government
- 10. How most public school students are allocated places in schools
- 12. One way to measure size of public sector
- 15. Economist who conceptualised the three functions framework
- 21. (Video) Economist Livio de Matteo cited this % as the sweet spot to spending and desirable social outcomes
- 22. (Video) One way of distributive justice is through a _______ tax
- 23. Education subsidies are sometimes called a school _________
- 24. One role of the US Department of Education is to combat __________ in education
- 25. One way to measure the size of public sector is looking at the number of public sector ________
- 28. (Video) _____ % spent on healthcare and poverty reduction
- 29. Rapid expansion in government spending can cause this
- 30. Government downward action to ensure fairness
Down
- 1. A key reason Milton Friedman believed helped overcome inequality
- 2. Stabilisation can negatively impact this aspect of needy citizens
- 3. Monetary policies can impact ________ rates
- 5. _______ income inequality measures share of nation’s total income that accrues to the poor relative to the rich
- 8. Economist who called for active government action to fight unemployment during recessions
- 9. When government borrows, shrinking savings supply causing a ______ out effect
- 11. The choice-based approach aims to address this issue in the US public school system
- 13. A key objective of public schools in ensuring equity
- 14. Involves both monetary and fiscal policies
- 16. A key factor in stabilisation is fiscal _____________
- 17. This type of income tax is believed to help the needy more
- 18. One type of market innovation in school types
- 19. Greater state redistributive subsidies can help make workers happier, in turn boosting ________
- 20. More ________ leads to greater allocative efficiency due to optimal decision making
- 26. A key factor for redistribution is to achieve _____ efficiency
- 27. A factor in government redistribution efforts is the _________ climate