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Discuss and explain the current tax treatment of capital gains under personal income tax. Describe why do some economists argue that reduction in rate of taxation and capital gains can actually raise tax revenue collected from such gains?
Describe (in a sentence or two) the short run profit maximization condition when labour is the only variable input? What will happen to the labour demand if price of the output goes up?
Is it not ethical to use employee as a puppet to make money with out their consent? What are your thoughts on Adam Smith's principle of the Invisible Hand?
Suppose that aggregate price level is constant, interest rate is fixed, and there are no taxes on foreign trade, how much will the aggregate demand curve shift and in what direction if the following events occur?
Elucidate whether each of the subsiquent would make fiscal policy more effective or less effective
Depends on your discussion, what is the most critical element(determinant) when considering the determinants of supply. In other words, what determinant has the greatest influence on the economy.
Fully describe the theory underlying each model, and why the AS/AD model is the preferred way to measure the economy, or is it?
Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates. What nation have officially dollarized their economies.
Compute the elasticity of demand for every parameter.
Assume the basis for the trends in consumption patterns as discussed in the article. Discuss what has occurred to change the demand for, or the supply.
Illustrate what would be a monetary policy prescription to reduce or eliminate deflation.
Illustrate what is the current expected price of the stock. What is the expected price of the stock at Year 6.
Explain how to describe price elasticity of demand. What are the factors that affect price elasticity of demand.
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