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Under what supply and demand conditions would an excise tax create a large incidence of the tax on suppliers and a small incidence of the tax on consumers? Explain how this works.
“Dams ‘R’ Us” operates a major hydropower dam on the Klamath River in Oregon. In the event of dam failure, there would be major damages to local communities. The company can reduce the probability of failure through proper maintenance of the facility..
Elucidate why haven't the changes to campaign finance laws passed in 2002 been effective in stopping the flow of soft money
q1. the simple is-lm model predicts which cutting the governments budget deficit will reduce output in the short-run.
Elucidate unemployment in relation to the Phillip's curve with an appropriate sketch.
Draw the market supply and market demand in one graph. Next to it, draw the situation of one firm, with the average total cost, the marginal cost, and the price (which under perfect competition is the marginal revenue).
A local golf course just bought a lawn mowing machine. It comes with 2 yr free maintenance. The manager wants to provide enough money in an 8.00% bank account now (EOY -0) to have a fund out of which he will pay for needed maintenance.
If one compares the contemporary U.S. economy with those of Germany and France, it is reasonable to conclude that
If the government wanted to achieve the same change in GDP as in part 8 by cutting taxes instead of increasing spending, how large would the tax cut need to be.
If the slope of the yield curve increases (steepens) after a decrease in the federal funds rate:
Develop hypothetical supply and demand schedules for your good or service. Plot the schedules onto your graph and label the curves with D for demand and S for supply.
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
U.S. Airways experienced huge losses for several years in the 1990s, yet it continued to operate its fleets.
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