Argue whether the statement provided in each part below is true, false or uncertain. Explain your answer fully.

(a) It is desirable to concentrate taxes on goods whose demand is inelastic with the price.

(b) TANF is not a socially desirable policy as it leads to a reduction in overall labor supply.

(c) Private provision of public goods should be preferred to public provision.

(d) Peterson, Hoffer, and Millner (1995) showed that air bag use has led to increases in car crashes. Despite this finding, the government mandates that new cars have airbags, rather than taxing their use. This policy is a contradiction.

(e) Because obesity causes so many serious health problems, fatty foods should be regulated or taxed.

(f) The presence of my daughter provides a positive externality to me.