Assignment on Chapter Three: The Basics of Neoclassical Economics 4. Can you explain why a...
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Assignment on Chapter Three: The Basics of Neoclassical Economics
4. Can you explain why a neoclassical economist might or might not support a government program such as WIC (Women, Infants, and Children), which improves average nutrition by providing free milk, bread, and other necessities for poor children? Also, what is different about the market for childcare as opposed to others (e.g. the chewing gum market)? Is childcare a public good?
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