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"We should impose a 20 percent luxury tax on expensive automobiles (those with a sales price of $50,000 or more) in order to collect more tax revenue from the wealthy." Will the burden of the proposed tax fall primarily on the wealthy? Why or why not?
Describe an example of a person who is taking advantage of resources, and another example of a person who is not taking advnatage of resources. Discuss the positive and negative consequences of taking advantage of resources.
Graph the best response functions. Find the Nash Equilibrium of this game. What happens with the levels of law enforcement and crime (in Nash Equilibrium) when the cost of law enforcement c goes up?
The relationship between income, savings, and consumption is directly related to the price level in the economy. Your research has shown that for every additional dollar of disposable income, consumers currently spend $0.75 and save the rest. Assumin..
The distribution of family income is preferable than the distribution of household income because. The long-run average-total-cost curve does not connect the minimum points of each of the short-run average-total-cost curves. The long-run average-tota..
Why is the burden of a tax to taxpayers greater than the revenue recieved by the government. Why do some economists advocate taxing consumption rather than income.
An analysis of the role of information systems in an organization. Explain why information systems are so important to organizations. Also explain the positive and negative effects information systems have on an organization, and why.
The interest earned is deposited back into the savings account at the end of each month. How much is this account worth after 24 years? Submit your answer to the nearest dollar.
Your HR Manager comes to you about an employee whose performance reviews have been declining recently, and asks your advice about whether.
Explain how does one construct a linear (or other mathematical program) to solve a competitive or walrasian equilibrium problem.
What is the standard deviation for the class? b. What percentile did you score in?
N players are competing for a prize of 20 dollars. Who wins the prize is determined as follows. Each player submits a real number between 0 and 100 simultaneously. A player wins if his number is the closest to 2 of the average of the numbers of all N..
In addition, the business agrees to pay the inventor a royalty equal to five percent of its sales revenue from these products over the next ten years.
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