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1. Assuming both types of taxes collect the same number of dollars, a wage tax is preferable to a head tax.
A. True
B. False
2. For a “normal” good, the income and substitution effects are not opposing forces. That is, for a “normal” good, the substitution and income effects of an increase in the price will both cause a reduction in the quantity purchased.
3. Suppose supplier John faces a horizontal demand for the product he supplies to the market. If John chooses to move to a different point on this demand he faces, the revenue he generates will experience both a price and output effect.
Calculate the after-tax nominal interest rate, then subtract off inflation to get the after-tax real interest rate for both cases.
What factors might these types of stores have in common behind their declines.
Discuss contributions of competing and dominant school of thought to evolution of labour economics; mention paradigm differences and distinctions between old labour economics and new labour economics.
Three stores have a problem with theft, and security is a public good. Let’s use S to stand for the number of person-hours of security patrols per week. The marginal benefit of security patrols to each of the stores is given by the formula MB = 100 2..
The Jimmy Corporation issued a new series of bonds on January 1, 1996. The bonds were sold at par ($1000), have a 12% coupon rate, and mature in 30 years, on December 31, 2025. Coupon interest payments are made semi annually (on June 30 and December ..
If the firm's MARR is increased to 25%, what would be the required savings in leasing so that the project would remain profitable.
Explain how manager could improve and become more "well rounded". Also include what this manager did well. Include observations about the managerial environment.
Set up a Ricardo-type comparative advantage numerical example with two countries and two goods. Distinguish “absolute advantage” from “comparative advantage” in the context of your example. Then select an international terms-or-trade ratio and explai..
how are companies using real options, what types of options exist, why are real options important, who uses real options, where are real options most appropriately used and what are experts saying about real options.
An airline transportation consultant offers the CEO of Blue Star struggling new commercial airline company
If most cartel members keep their agreement to cut back production. People sometimes point to similar gas prices at competing gas stations as evidence of collusion when they could just be selling at market price. If this is not good evidence of collu..
It has been estimated that private prisons are about 10 percent cheaper, on a every prisoner basis, than public prisons.
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