Answered>Order 1749
Begun in 1965, federal transfers to states to assist in providing health care for poor. The federal aid is a matching grant(what is the economic rationale for that?) Aj = mj Ej Where Aj is aid per capita and Ej is expenditure per capita and mj*=(1 – 0.45 (Vj2/Vnat2)) Vj= per capita income for the jth […]