Summative assessment: government intervention analysis | economics 535 | University of Phoenix

 

Analyze 1 of the following government intervention programs:

  • Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession)
  • US agriculture support programs
  • Assistance for families with lower incomes (choose 1)
  • Housing vouchers
  • Earned Income Tax Credit (EITC), including Child Tax Credit
  • Supplemental Nutrition Assistance Program (SNAP)
  • Health care resources for people with lower incomes (choose 1)
  • Medicaid, including Children’s Health Insurance Program (CHIP)
  • Affordable Care Act expansion
  • Social insurance programs (choose 1)
  • Old-Age, Survivors, and Disability Insurance (OASDI)
  • Medicare
  • Unemployment insurance

Write a 700- to 1,050-word summary of your analysis. Identify the intervention and the market failure leading up to the intervention. Complete the following in your paper:

  • Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information about market failures.
  • Examine who has been helped and who has been hurt by the selected government intervention.
  • Examine externalities and unintended consequences of such intervention. For example, consider whether the SNAP program and health coverage for families with lower incomes result in higher future tax revenues because children from families with lower incomes grow up healthier and produce higher incomes over their lifetimes.
  • Analyze whether cost of the intervention you selected as a share of GDP or the number of participants is increasing, decreasing, or varies with the state of the economy, based on the cost trend(or number of participants) since its inception or since 2000.
  • Analyze credible economists’ opinions on the success or failure of the intervention that you chose in achieving its objectives.
  • Recommend whether the program should be continued as is, discontinued, or modified based on your conclusions. Defend your recommendation.

Note: Use of charts and graphs is encouraged with appropriate citations. Any charts or graphs retrieved from the Federal Reserve Bank of St. Louis FRED website may only be included when the data sources used by FRED are US government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics. 

Cite at least 2 academically credible sources.  

Format your assignment according to APA guidelines. 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more