Based on all the items in Readings # 5 and #6, please respond to the following questions:
Respond to the following Qs in no more than two pages altogether (double spaced, 12 pt)
15 % of final grade for this course.
1) Decribe “Transfers” (government to government). Describe “Subsidy”. What are the main differences?
2) Explain several rationales (pro and con) for each -at least two each, e.g. pro and con.
3) Describe how people have been confused or mistaken about difference between these two policies.
