Excessive paperwork requirements can be a source of government failure. a. Identify a paperwork task that you

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Excessive paperwork requirements can be a source of government failure.

a. Identify a paperwork task that you must complete for school, work, or the government.

b. What is the benefit of the paperwork?

c. Do you think the administrators who demand the paperwork consider the transaction costs when deciding how much paperwork to require?

d. Do you think the marginal benefit of completing the paperwork exceeds the marginal cost?

e. Why do you suppose the volume of paperwork sometimes becomes inefficiently large?

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Survey Of Economics

ISBN: 9781429259569

1st Edition

Authors: David A. Anderson

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