The Atlantic Economy reading assignment

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.