This document outlines questions for a learning team on debt financing and education. The team is asked to individually respond to three questions from their public finance textbook. Question 10 from Chapter 12 asks about how government debt financing burdens future generations and increases wealth for the current generation compared to tax financing. Question 10 from Chapter 18 asks why matching grants are more effective than non-matching grants at increasing local government spending. Question 5 from Chapter 18 asks why property taxes result in varying tax rates between rich and poor jurisdictions for education financing and how states supplement local education financing to ensure equal opportunity. The team is asked to write a 700-1050 word summary discussing how the concepts addressed in the questions are used in government today and to format their response consistent

1. Team: Learning Team: Debt Financing and Education
public service question and need the explanation and answer to help me learn.
Assignment Content
Individually, prepare a response to the following questions:
Question #10 in the section "Review Questions" in Ch. 12 of Public Finance: A
Contemporary Application of Theory to Policy
Question # 10 in the section "Review Questions" in Ch. 18 of Public Finance: A
Contemporary Application of Theory to Policy
Problem #5 in the section "Problems" in Ch. 18 of Public Finance: A Contemporary
Application of Theory to Policy
Share your responses with the Learning Team.
As a team, prepare a 700- to 1,050-word summary of concepts used to respond to the
questions and include the following:
How were they useful?
How are these concepts used in government today?
Format your paper consistent with APA guidelines.
Ch12 Q10. In what sense does the use of debt financing by a national government impose a
burden on the future generation? How does debt financing increase the “wealth” of the
current generation compared with tax financing? Under what circumstances will the burden
of the debt on future generations be offset.
Ch18 Q10. Why are matching grants likely to be more effective in increasing local
government spending than are equal-dollar nonmatching grants? Explain how matching
grants can help achieve efficiency by internalizing interjurisdictional externalities.
Ch18 Q5. Explain why using the local property tax to financea given quantity and quality of
public schooling canresult in low tax rates in rich jurisdictions but hightax rates in poor
jurisdictions. How do state govern-ments supplement local finance of education toinsure
equality of opportunity in education? Go toyour state government’s Web site and find out
howelementary and secondary education is financed inyour state.n to pay for those
services?
Requirements: 250 to 350 words