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Which of the following is not a valid point in debating the merits of increasing government expenditures or cutting taxes during a recession?
A. There is no evidence that tax cuts have been followed by increases in economic growth.
B. A cut in the marginal tax rate increases the incentives to find a job and work longer hours.
C. The government may use the increase in expenditures on projects with little value, particularly if it wishes to respond quickly.
D. Consumers will save a portion of a tax cut.
How much would Wyandotte have to reduce the price of polyol to achieve a 15 percent increase in the quantity sold?
You are a manager in charge of monitoring cash flow at a company that makes photography equipment. Traditional photography equipment comprises 40 percent of your revenues, which grow about 2 percent annually. If the own price elasticity of demand for..
the world price of coffee rose about 100%. What was the approximate price elasticity of demand for coffee? was the demand elastic or inelastic?
Multiplier effects are stronger if
q.consider a market with demand q 10 - p. currently there is an incumbent in the market with capacity k. there is a
A 473-foot, 7000-ton World War II troop carrier (once commissioned as the USS Excambion) was sunk in the Gulf of Mexico to serve as an underwater habitat and diving destination. The project took 10 years of planning and cost $4 million. Assume the $4..
In 2008, XYZ Company had $1,535,000 in revenues and $1,200,000 in expenses. According to the Corporate Income Tax Table, what are the average and marginal tax rates respectively? The constant dollar cash flow is $35,000 10 years from now. What is the..
State whether the following firms are experiencing economies of scale or diseconomies of scale.
What are the benefits and drawbacks of having a health program that varies by state versus having one that is uniform across the country? Do you find that the positives of state flexibility outweigh the negative or vice versa? Is it fair that similar..
Discuss how the two alternatives listed differ on the public-private continuum. Also describe how appropriate public policy might differ as the industry moves.
What political and legal processes must be followed to sell electronics in Taiwan, and are there existing social and cultural structures that will effect business operations?
The crop of hops in the Yakima Valley has been greatly affected by the recent forest fires in the state of Washington, and craft breweries in the Northwest turn to hops from Germany as a substitute for Washington hops. How would you illustrate this c..
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