### Local government cybersecurity

#### Gasoline is inelastic and supply is relatively elastic

Assume that the demand for gasoline is inelastic and supply is relatively elastic. The government imposes a sales tax on gasoline. The tax revenue is used to fund research int

#### Professional sports athletes outrageously high

Are the salaries received by professional sports athletes outrageously high? Should the CEO's of financial institutions receive more monetary compensations than entertainers,

#### Calculate dollar rates of return on a deposit in bank

Calculate dollar rates of return on a deposit 10,000 pounds in a London bank in a year when interest rate on pounds is 10 percent and dollar/pound exchange rate moves from 1

#### Give real life example of perfect competitive market

Give a real life example of a perfect competitive market or close to perfect competitive market. Discuss why you think this is a perfectly competitive market, and what assumpt

#### What is kyles accounting profit

Kyle is a college student who owns a painting business during the summer. He earns \$4,000 in revenues from his paining business and he spent \$1,000 in painting supplies. What

#### Unit to correct for the social cost of the noise pollution

A study finds that leaf blowers make too much noise, so the government imposes a \$10 tax on the sale of every unit to correct for the social cost of the noise pollution. The t

#### How much revenue will each acre generate

Purely competitive wheat farmer can sell any wheat he grows for \$20 per bushel. His five acres of land show diminishing returns because some are better suited for wheat produc

#### Changes in government spending compared to overall spending

In a typical year, changes in government spending compared to overall spending are relatively. The time necessary for a fiscal policy plan to have an impact is called a(n). Th