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Determine the principle of equity
The principle of equity is that a tax must be fair and the tax is levied on those with the ability to pay tax.
The principle of efficiency is that tax must be easy to collect and that government must not have to spend a disproportionate amount of money enforcing the collection of tax.
reason why the change in equilibrium of output is greater than the change in initial invest ..
How can an economy achieve mutual gain from International Trade?
Why is GNP C+ I + G + (X- M)+ NR + NP. What is relationship between X - M and NR + NP
Y= C+I+G C= 100,000000+ 0.4yd I= 400,00000 T= 0.2+60m G= 750, 000000 Calculate equilibrium level of income
By given scenario answer the following questions. 1. What phase of the business cycle is the economy? 2. If inflation increased by 5% during the same period, what was the cha
what is the role of advertising in baumol''s model?
The mundelfleming model takes the world interst rate r* as anexogenous variable.Let,consider what happen when this variable changes.a,what maight cause the world interest rate tori
Because the structure of the personal income tax is progressive, a larger share of income is taxed at higher rates as real income increases. Therefore, economic growth automaticall
how does government regulate externalies
While referring to the "EYE on YOUR LIFE" section on, discuss the macroeconomic policy issues facing the U.S. economy today based on the economic concepts you have learned in this
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