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One reason why employees prefer for their employer to pay for their health insurance rather than receive increased wages and pay for their own health insurance is that wages are taxable income to the employees but the money the employer spends to buy health insurance for the employees is not taxable. What is the other main reason why employees prefer to have the employer pay for their health insurance?
Competitive firms will always try to earn more than a normal profit by doing the following, except
You are the manager of a large crude-oil refinery. As part of the refining process, a certain heat exchanger must be replaced every year. The replacement and downtime cost in the first year is $180,000. how much could you afford to spend for a higher..
Automatic stabilizers
Two alternative investment proposals are under consideration for a vacant owner by Urban Development Corporation. Plan A would require an immediate investment of $120,000 and first-year expenditure for property taxes, maintenance, and insurance of $4..
At the time, there were 180 million automobiles and 250 million people in the United States. Each vehicle was driven about 15,000 miles each year. What is the cost of saving each life?
Explain why velocity of money systematically tends to increase in periods of robust economic expansion. What is the effect on velocity of money if the following occurs? Banks begin to pay high interest rate on deposits. Great uncertainty is created a..
Please state what you think citizens, governments, and (ideally!?) firms should be doing in the rich countries to help those who live in the rest of the world. You can cite altruistic reasons as well as some springing from self-interest.
Three stores have a problem with theft, and security is a public good. Let’s use S to stand for the number of person-hours of security patrols per week. The marginal benefit of security patrols to each of the stores is given by the formula MB = 100 –..
Suppose the amount of exports of textile machinery from Italy to the rest of the world equals 60 billion tons. The amount of imports of textile machinery into Italy from the rest of the world is 40 billion tons. Therefore, the intra industry trade sh..
Include in milestones areas identified as risk, as well as where project might be falling behind vs on track. Use colour coding of milestone to indicate this with a legend depicting meaning of colours.
If Professor P chooses x and s to maximize her utility subject to the constraint that Mr. A is willing to work.
Two firms compete under Cournot competition with constant marginal costs c1 = 2 and c2 =6. The market demand is p=24-q. Compute the market share of each firm, the market price, and the total quantity produced in the market. Compute the Lerner index.
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