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Whenever you can, please use charts and or graphs. introduction What is the pr

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Whenever you can, please use charts and or graphs. introduction What is the proposal being discussed? What is the rationale for this proposal, as set forth by its proponents? What are the arguments against this proposal, as put forth by its opponents? Who are the major stakeholders in this decision? What are some real life examples of this policy proposal?
Analysis Does the rationale for this proposal have any theoretical merit? What market failure is being addressed? What are the efficiency / equity implications of the proposal? Do the arguments against the proposal have any theoretical merit? Use economic models to illustrate wherever possible. Empirical Evidence
Are the claims made by the proponents backed up by the empirical evidence? Are the claims made by the opponents backed up by empirical evidence?
Which way do you think the evidence leans? If you think the evidence is insufficient, suggest what kind of evidence would help move the debate forward.
Recommendation
What is your personal policy recommendation? What is your recommendation based on?
What evidence supports your recommendation? this is ab5 also known as prop 22.

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