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In 2016, opponents of Oregon Proposition 97 argued that the companies required to charge a sales tax will simply pass the cost of the tax to consumers. Explain whether or not this makes sense. Explain three specific factors that will impact how much of the tax is passed to customers.
Consider the game of the battle of sexes. How would you modify the payoffs to (F,O) and (O,F) to reflect the following: Namely, the husband is unhappiest when he is at the opera by himself, he is a little happier when he is with his wife at the opera..
Assume that wages and prices are sticky and that we start at a long-run equilibrium. What is the inflation rate at the initial long-run equilibrium (the point where we start)? After the negative real shock, what is the level of expected inflation for..
What are the positive externalities that would emerge from your recyclable packaging?
question 1.1. demand for a company product is q400-0.5p and tc2000050q3qsquare total profit is maximized at output
Why is the "power of the purse" an important component of political power? Which of the following was NOT considered a weakness of the Articles of Confederation? Which of the following concepts is most closely associated with John Locke? The U.S. Con..
We use exponential smoothing, with alpha set at 0.4, to forecast demand. Our July forecast was for 63. What will October forecast be?
Minimum-wage legislation is less likely to have adverse effects on employment when the:
Large-scale wars typically bring a suspension of international trading and financial activities. Exchange rates lose much of their relevance under these conditions, but once the war is over governments wishing to fix exchange rates face the problem o..
A key difference between accountants and economists is their different treatment of the cost of capital. Does this cause an accountant’s estimate of total costs to be higher or lower than an economists estimate? Explain.
The members of the Board of the product are scheduled to meet with the Trade Minister of Industria. The Board is interested in convincing the Government of Industria to establish closer economic links with Atollia. Based on the regression results, wh..
Illustrate what steps do you suggest that it take in order to balance its budget. What would be the affect on you if it takes steps to balance its budget, or Illustrate what would be the affect on you if it does not.
The economic meaning of Qx in the inverse supply function is 'quantity ordered.' What is the economic meaning of Px in the inverse supply function?
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