Analyze the practical pressures affecting public sector budgeting designed to delivering public goods and services.
- In an evaluation, assess the pressures affecting public sector budgeting designed to delivering public goods and services, evaluate the consequences of two externalities and their impact on public sector budgeting, and suggest the most practical way to study the fiscal impact of public sector budgeting
Thread Outline – Use bolded statements as headings in your thread.
I. Analyze the practical pressures affecting public sector budgeting designed to delivering public goods and services.
II. Evaluate the consequences of two externalities and their impact on public sector budgeting.
III. Suggest the most practical way to study the fiscal impact of public sector budgeting
A public good is a good or service that can be consumed simultaneously by everyone and from which no one can be excluded, even if they do not pay for it themselves. It generally is paid for by a third party such as the government . Public goods pose a free-rider problem that occurs when those who benefit from a public good , or services do not pay for them or under-pay.
A private good is one for which those who do not pay for it can be excluded.