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Assume that a state government currently provides no child-care subsidies to working single parents, but that it now wants to adopt a plan that will encourage labor force participation among single parents. Suppose that child-care costs arc hourly, and suppose the government adopts a child-care subsidy that pays $3 per hour for each hour the parent works, up to 8 hours per day. Draw a current budget constraint (net of child-care costs), for an assumed single mother and then draw in the new constraint. Discuss the likely effects on labor force participation and hours of work.
Describe the distinction between legislative requirements and professional standards. What part of the legislation provides details of how much income tax must be paid and what does it state?
q1. some restaurants offer all you can eat meals. how is this practice related to diminishing marginal utility? what
Let's say that companies that produce and sell silk shirts hire analysts to analyze the economy and make guesses about the future
Which of the following shifts the supply curve of rutabagas rightward? (A rutabaga is a potato-like vegetable.)
An investment of $1.5 million is made at time zero with annual revenues of $600,000 in year 1, growing at a rate of 15% annually over a seven-year horizon. Annual operating and maintenance costs are estimated at $150,000 per year increasing every yea..
John Paisley is planning to buy a house for $100,000 by borrowing money at the rate of 9%.
Choose a specific target market that an advertiser might want to reach. Discuss how magazines and/or newspapers could be used to reach this particular market segment in a cost effective manner
Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force..
Which investment has a higher rate of annual cash return? Investment A: $1,000 bond with a coupon rate of 4 percent selling for $1,200 or Investment B: $1,000 stock with a P/E ratio of 10 that pays out half its profits in dividends.
Depreciable residential rental real property has been purchased for $70,000 and put into service during the third month of the taxpayer's tax year. For the applicable 27.5 year depreciation life, determine the allowable straight line depreciation ded..
What happens to each of these values if the central bank changes the reserve requirement ratio to 3%.
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
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