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1. Marcus maintains a household in which his 18-year old daughter and her husband live. Although Marcus provides most of their support, he does not claim them as dependents because they file a joint return. Is Marcus correct? Explain (this is a tax question)
What are the problems of relying on automatic fiscal stabilizers to ensure a stable economy at full employment?
A labor leader has announced that her union will go on strike unless you grant the workers a significant pay raise. You realize that a strike will cost you more money than the pay raise. Should you concede to the wage increase? Explain.
Are the valuation models for common stock with constant, zero growth dividend payments and for preferred stock very similar?
Under what circumstances would a rightward shift in the ADI curve lead to a permanent increase in real national income?
Students find ways around buying the textbook for some classes. For example, some students read the textbooks on reserve at their school's library. How does the number of textbooks available at the school library affect the demand for textbooks?
The following questions refer to a company, whose manager recently estimated its average variable cost function to be;
Generally, the effective interest method is defended on the grounds that it provides the appropriate amount of interest expense. Does it also provide an appropriate balance sheet amount for the liability balance? Why or why not?
The equilibrium price for physiotherapy visits is $30 and the quantity utilized is 150 visits as a result of the demand and supply conditions in this diagram.
Illustrate the deadweight loss from charging a $10 admission fee. Explain why charging $10 is inefficient, and calculate the size of the deadweight loss.
Which three general barriers to legally defensible staffing do you feel are most common? What can companies do to remove these barriers?
Given that all you know about the game is the above game table and that a, b and c is that they are three arbitrary constants
Find the revenue maximizing output and price. Calculate the total revenue. Is this outcome on the elastic, inelastic, or unitary elastic part of the demand curve?
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