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The two largest parts of the federal revenue system in the United States are the payroll tax and the individual income tax. What can we say about the compliance costs of these two taxes? a)The income tax has lower compliance costs. b)The payroll tax has lower compliance costs. c)The compliance costs of the payroll tax and the income tax are very similar d)All of the above. e)(a) and (c) only.
An agency is having problems with personal phone calls made during working hours.
Annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption, investment, government spending, exports and imports. Estimate changes in economic growth and in the component shares.
A firm sells its product in a perfectly competitive market where other firms charge a price of $110 per unit. The firm’s total costs are C(Q) = 50 + 10Q + 2Q2. How much output should the firm produce in the short run? What price should the firm char..
Using the book called "The Mutual Fund Business" by Robert C. Pozen. What is the difference between alpha and beta risk? Which one can be reduced through diversification? What factors drove the growth of the fund industry from the mid-1980s until the..
q. gains from trade will result if a country specializes ina. the goods in which it have a comparative advantage.b. all
Illustrate what closing time should Citywide Spirits Shoppe choose to maximize profits.
Suppose a monopoly faces an inverse demand curve of P = 6 − Q and has constant marginal cost of 2. If the government is considering legislation that would regulate price to the competitive level, what is the maximum amount the monopoly would spend on..
Some airline executives have called for "re-reregulation." Why might an executive of an airline prefer to operate in a regulated environment?
If skilled machinists with advanced computer training and computer operated lathes are complements in production in high tech manufacturing but computer operated lathes are substitutes in production for machinists without computer training (unskilled..
About 95 percent of the world's population lives outside the United States, but many U.S. companies, especially small businesses, still do not engage in global trade. Why not? Do you think more small businesses will participate in global trade in the..
What requirements are imposed on an employer by the Family Medical Leave Act? What remedies can an employee seek if an employer violates the Family Medical Leave Act?
What are the differences between the Federal Reserve and a National Bank (specifically, with regard to their intervention policies and powers for acting within the economy)?
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