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A new tax is levied on airline profits to finance improvements in the nation's airports. The current market rate of interest is 8 percent. However, airline profits are subject to a 50 percent tax. A cost-benefit analysis calculates the percent return to the investment in new air facilities to be 12 percent. Will net benefits from resource use increase as a result of construction of new air travel facilities?
You have been hired by a local used car dealer to help in their pricing of used cars. then what the estimated coefficients mean for each of these regressions.
Syracuse Paper supplies printer paper in upstate New York. Like output of other wholesale distributors, Syracuse Paper must meet strict guidelines and printer paper supply industry can be regarded as perfectly competitive.
In addition to depending on disposable income, suppose household consumption were also a function of the interest rate. In particular, assume that households consume more (i.e., save less) when the interest rate falls. Assume prices are fixed in t..
Assume that your firm above is the N.Y. Yankees and the league owners impose a lump sum tax of $4 million dollars on your firm.
Discuss why the number of children that a family has may differ between an Industrial Society and a Third World Agrarian Society.
Elucidate what would have been the economic effects of this. Describe the pros and cons.
Elucidate what it means that the preference relation has a utility function representation,
Research monetary and fiscal rules that have affected a particular chosen industry and determine two sources to help you answer following questions about the industry you select.
Suppose the U.S. economy is in a recession and there is rising inflation. Suppose you are in charge of monetary, fiscal, and exchange rate (i.e., influencing the value of the dollar) policies.
Credit cards are sometimes discussed as a public problem. In 2001, purchases on credit cards accounted for 21% of consumer spending in America, which has the lowest savings rate of any big country.
Explain how supply and demand analysis is used to describe the extent to which taxes can be passed on to others.
What is the maximum amount of good Y that can be purchased if X and Y are the only two goods available for purchase and P x = $5, P y = $10, X = 20, and M = 500?
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