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ECO 201 Unit 5 Discussion Board This week I would like you to comment on an idea regarding our taxation system called the "Fair Tax". There is nothing about this in the book but there is a good amount of information available on the Internet. Take a look at their ideas and let us know how you feel about it and why.
What happens when supply is totally elastic or totally inelastic, and a subsidy is given by the government: Will the producer change the amount of units he’s supplying to the market? And will the price received by the producer be reduced
Using the IS/LM/BP model, demonstrate the effect of each of the following changes. Assume that the economy is a small country with perfect capital mobility and a flexible exchange rate.
microeconomic project - country is costa rica company nike 8-10 pages macroeconomic forces and policy decisions
What is the argument against attempting to balance the Federal Government budget rapidly at the present time via either deep cuts in Federal Government spending on goods and services or via sharp increases in federal income tax rates?
The cost of the concert ticket is $50. What is the opportunity cost of Tammie's trip to the concert and the monthly productivity of two workers is as follow: Alex 300 Pants & 100 bikes and Joel 100 pants & 50 bikes.
Sp represents personal savings. This money does not go into the economy. So why is it counted in this formula?
Bad weather in the United States causes the production of agricultural products to decrease.
Consider a price ceiling imposed on a monopoly that is set below competitive price. Make a diagram showing the monopoly equilibrium in this case.
1. the information below describes the real gdp per capita for the country of utopia for the period of 1975 to
The Economics in Practice describes the increase in food prices around the world in 2008. Since food, in large measure, affects the real income of households, increasing prices will eventually push up wages and have an impact on the aggregate supp..
social problem where free marketplace are not allowed to function and describe how free market features could be introduced to help alleviate the problem.
Using a diagram of the labor market, show the effect of an increase in the minimum wage on the wage paid to workers, the number of workers supplied, the number of workers demanded, and the amount of unemployment.
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