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Assignment: The Value-Added Tax
Write a four to six page paper that answers the following:
Anyone who is doing this paper should answer all four questions by the completion of the paper, Thanks.
1. Explain the concept of value-added tax (VAT). (one to two pages)
2. Analyze the pros and cons of imposing a VAT.
3. Evaluate the merits of imposing VAT in the United States.
4. Give your opinion as to whether the United States should impose a VAT and whether the VAT should replace the current income tax or be imposed in addition to the income tax.
Which portfolio is better diversified, one that contains stock in a dental supply company and a candy company or one that contains stock in a dental supply company and a dairy product company?
a factory benefits from discharging effluent q into a lake. the marginal benefit function is given by 60-2q. the
the economy is made up of c and i and is currently at full employment. if consumption is 5 trillion while savings is 1
suppose the price of housing increases to 3 but the price of food stays at 10.rewrite janes budget constraint and draw
The opportunity price of an investment is the real rate of interest, and that's why investment demand depends on the the real interest rate.
Describe the trends in overall inflation over the last five years and whether your income has kept pace with inflation.
Can you think of something that may have caused AD to be reduced in recent history? Perhaps a weather event or a natural event?
A. Graphically show and explain how carpooling may eliminate the shortage and explain your answer. B. Graphically show and explain how building more freeway may eliminate the shortage and again explain your answer
a. Briefly explain why the short-run aggregate supply curve slopes upward. b. What might cause a decrease, i.e. a shift back, in short-run aggregate supply. Give, and explain, at least one cause.
What would be you recommendation to the Canadian government? What has Canadian government done to fix this surge in house prices and is it working?
What happened to those revenues over those years? Given constant tax rates, what do the changes in tax revenues suggest about changes in the shape of the Laffer Curve?
If my income increases by 10%, then quantity of public transportation demanded drops by 5%. I can say that income elasticity of my demand for public transportation is negative and that public transportation is a normal good. If the demand for chee..
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