Eco Help

Deadline: Monday 2/25 Midnight (you have two days from now)

Please add charts- statistics – anything that support your answer.

Please write 3-4 pages.

• Font: (typed, with 12 font, 1” margins, and 1.15” line spacing)

• I will hand your work to my professor to check for any mistakes or modifications,

thus if there any, I will contact you again to edit your work again for a better grade. If

you refuse, I will ask for a refund.

• All materials that you might need are attached. I added al the materials that uploaded

by professor. Some materials are unneeded. You need to check the titles for easy access

to the information that you need. This work needs also to make a research by your own.

• Please include all websites links that you used, and any source in the same file.

• The state that we picked is Oregon

Questions are in the next page.

Q1: In the sense of the large Fiscal “Balanced Budget” picture, the big question is probably:

Has the state run large budget deficits, i.e. gone heavily into debt? Is the state subject to

fiscal drag from debt (at high-interest rates and soon-to-mature)? (Does the state-debt have a

crappy credit rating?)

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Q2: If your state has very large cities, you may wish to consider their fiscal situation

directly. There is the question of whether the big city dominates the out-state areas or the

opposite?

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Q3: Are there major Free-Rider problems in the state? e.g. groups that are able to consumer

government program benefits and avoid paying their fair share of those benefits?

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Q4: Is the state government a Rent-Seeking empire? Is the state (and/or local) government

bureaucracy large and well-entrenched? Is the bureaucracy of the state government

aggressively pursuing “budget maximization”? Does the state carry an over-generous payroll

with large and perhaps fiscally unsustainable pension program? What is the degree of union

organization practiced by the government workers, and how politically militant are these

unions? (Also, consider the relative importance of the federal government bureaucracy in the

state.)