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Role taxpayer: taxpayers are consumers, workers, business owners, and investors. is it important for government to understand the incentive effects of each kind of tax used to raise revenue? explain your answer
How did speculation contribute to the stock market crash of 1929? Cite two examples of speculation at the time. Given that only 10% of households held any stocks, how did the stock market crash end up collapsing the whole economy? Name and explain tw..
what is the social optimum quantity and price. If the government uses a tax to get producers to internalize the externality what is the net price recieved by producers
What is predatory pricing? What federal acts make it illegal? How are consumers hurt by predatory pricing you must go into great detail? Give two potential product examples of predatory pricing. Also describe a situation a marketer might face that mi..
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -4, while group 2’s is -3. Your marginal cost of producing the product is $20. Determine your optim..
Affirmative action is one of the most controversial topics in employment law. How affirmative action is often presented in the media? How similar is that portrait to the one presented in Johnson v. Transportation Agency, Santa Clara County ? When are..
Discuss the relationship between gangs and violence. Discuss the prevalence of gang related violence in America. Analyze the correlation of drugs use to violence within American gangs.
Consider a coupon bond that has a par value of $1,200 and a coupon rate of 5 %. The bond is currently selling for $1,200.00 and has 2 years to maturity. What is the bond's yield to maturity (YTM)? What is the Yield to Maturity?
What level of money supply should the central bank set next year if it wants an inflation rate of 4%? What growth rate should the central bank set for the money supply if they want inflation to be steady at 2% per year?
Explain the potential role that the DOJ's leniency program might have on prosecutions and incentives for price fixing.
Identify and summarize the dynamics involved in both kinds of market failure presented. How are these different economic breakdowns similar and different? Using your knowledge from all of the textbook chapters, what are the best ways to solve these e..
A successful and stable cartel can be established if there are
Why is the unrestricted entry of new firms to all markets necessary to assure the efficient allocation of resources in the long run?
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