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ECO 201 Unit 5 Discussion Board This week I would like you to comment on an idea regarding our taxation system called the "Fair Tax". There is nothing about this in the book but there is a good amount of information available on the Internet. Take a look at their ideas and let us know how you feel about it and why.
Shirley loves peanut butter and jelly sandwiches. However she must have the proportions of peanut butter to jelly exactly right and she always uses 3 tablespoons of peanut butter and 2 tablespoons of jelly when making her sandwiches.
Assume the United States government is planning changes in economic and social policy to decrease wage inequality.
The Affordable Care Act signed into law on March 23, 2010 requires individuals to be enrolled in a health insurance plan or face monetary penalties. This is known as the individual mandate. What is the economic justification for such provision in..
Assume that the banking system has total reserves of $200 billion. Assume also that the reserve ratio is 40 percent and that there is no currency in this economy.
The following equations describe an economy, compute the simpler government spending multiplier in our open economy that applied under constant interest rate and equilibrium levels of output and interest rate
Mastering the economic way of consideting means learning to reason in terms of supply and demand. Here are additional questions on which you can practice.
Assume that your firm above is the N.Y. Yankees and the league owners impose a lump sum tax of $4 million dollars on your firm.
You want to invest in a hot dog stand near the ballpark. You have 0.35 proability that you can turn your currnt $15,000 into $50,000 and a 0.65 probability that fierce completion will drive you to ruin losing all your money. If you decide not to e..
could you discuss that the drop in sales might be something less or something more than this. Use economic reasoning to justify your forecast.
According to Gerald Baker, columnist for London Financial Times, November 23, 1999, "In the US, banks are, by whichever measure chosen, in unusually good shape for this stage of an expansion.
Would there be a cost to you to attend the Cowboys' games during the 2010 season and is anything puzzling about Falk's pricing pattern?
Illustrate what is the cost of the same basket of goods and services in 2005.
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