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Assume someone is married, combined they make $45,000, and own a house that they owe $100,000. They give 10% of their income to charity, pay 5.5% interest on their mortgage, and had $2,300 in medical expenses. Would they be better off to use the standard deduction or itemize. Read the information in your notes and at WorldWideWebTax to decide. Make sure that you show your work on each circumstance and the overall benefit of standard versus itemizing.
Elucidate why it is often claimed that hospitals compete for doctors rather than patients. What are some of the implications of this phenomenon.
Resizing them as necessary, to illustrate your analysis. In each case, Illustrate what are the short-run and long-run effects on the aggregate price level and aggregate output.
Elucidate the price elasticity of demand for NBA games after the ticket increase. Is demand elastic or inelastic. Is the increase a sound financial move. Why or why not.
Suppose you are studying the market for shoes. Two events take place simultaneously. First, price of leather decreases, and second, consumers' income increases. What will happen to the equilibrium price and equilibrium quantity of shoes?
Jimmy has a room which overlooks, from some distance, a major league baseball stadium.
If air quality improves however re are no effects on aggregate production or on market costs of final goods and services. Illustrate what would happen to GDP.
The project management role has several responsibilities in the area of scope. Which of the following represent these areas for scope.
Now suppose Starbucks introduces world to premium blends, and so demand rises substantially.
Does built in stability mean assume that non-discretionary changes will take place automatically, provide tax rates and systems in a place.
Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free? At what price would no caps be sold? Calculate the price elasticity of demand at a price of $6?
xplains with aid of a diagram, effect that such legislation will have/has had on equilibrium price and quantity of labour employed. Also illustrate what can be done to alleviate/remedy any problem that may rise from above laws.
Explain additional ads show the same response, is the bank running an optimal mix of ads.
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