Wk 4 – Apply: Signature Assignment: Government Intervention Analysis [due Mon]_x000D_
Wk 4 – Apply: Signature Assignment: Government Intervention Analysis [due Mon]_x000D_
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Review the Wk 4 Resources._x000D_
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Analyze 1 of the following government intervention programs:_x000D_
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Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession)_x000D_
US agriculture support programs_x000D_
Assistance for Low Income Families (choose 1)_x000D_
Housing vouchers_x000D_
Earned Income Tax Credit (including Child Tax Credit)_x000D_
Supplemental Nutrition Assistance Program (SNAP)_x000D_
Low income healthcare (choose 1)_x000D_
Medicaid (including Children’s Health Insurance Program)._x000D_
Affordable Care Act expansion_x000D_
Social insurance programs (choose 1)_x000D_
Old Age, Survivors, and Disability Insurance (OASDI)_x000D_
Medicare_x000D_
Unemployment insurance_x000D_
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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:_x000D_
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Analyze the arguments for government intervention as opposed to arguments for market-based solutions.Hint:See the information about market failures._x000D_
Examine who has been helped and who has been hurt by the selected government intervention._x000D_
Examine externalities and unintended consequences of such intervention. For example, consider whether the SNAP program and health coverage for low-income families result in higher future tax revenues because low-income children grow up healthier and produce higher incomes over their lifetimes._x000D_
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._x000D_
Analyze credible economists’ opinions on the success or failure of the intervention that you chose in achieving its objectives._x000D_
Recommend whether the program should be continued as is, discontinued, or modified based on your conclusions. Defend your recommendation._x000D_
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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. _x000D_
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Cite at least 2 academically credible sources. _x000D_
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Format your assignment according to APA guidelines. _x000D_
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Submit your assignment as a Word document (not a PDF) with a file name as follows:_x000D_
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StudentLastName-Week#-AssignmentName.doc e.g. Krupka-week1-article analysis.doc _x000D_
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Resources_x000D_
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Center for Writing Excellence_x000D_
Reference and Citation Generator_x000D_
Grammar and Writing Guides_x000D_
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Copyright 2020 by University of Phoenix. All rights reserved._x000D_
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