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A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning: $30,000 a year $60,000 a year
Compute the monthly payment and explain whether taking this loan is a smart business decision.
If you were to emmigrate from earth, would you rather land and work in Thisuni or Nisuthi. Elucidate your reason based on the burden of tax paid by workers and firms.
One point made is that most demand curves are downward sloping. Can you think of any situation where an individual's demand curve for a product is upward sloping.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
Elucidate how an individual buying a car would prefer a free GPS system to a free leather seat upgrade.
In 1991 and 1994, Apple Computer engaged in a holding action in desktop market dominated by PCs using Intel chips and running Microsoft's operating systems.
In a Cournot equilibrium, where both firms produce positive amounts of output, which firm do you expect to produce more. Explain your answer.
Visit the Bureau of Labor Statistics for state employment also unemployment.
Illustrate what can you conclude about the structure of the industry in which this firm is operating.
government official proposed which gasoline price controls be imposed to protect the poor from rising gasoline prices.
You complain that the current labor contract specifies a full hour for your lunch break and you still have over 15 minutes left.
What other variables should be considered when determining what is reasonable in terms of maintenance expense
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