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1. What are the principles that lawmakers should follow in setting up taxes?
2. Explain the three types of tax structure with respect to income.
3. Which of the three types of tax structure is most fair in your opinion and explain why?
4. When an excise sales tax is collected, what happens on the demand and supply of the product?
5. Is there any efficiency loss when an excise sales tax is iimposed, explain?
6. What are the primary source of revenue for the Federal governmnet and what is the largest part of the spending at the Federal leevel?
Discuss the financial crisis and how the current state of capitalism impacted average Americans. Further, do you believe that there still is a middle class in the U.S.?
Does the Law of Demand hold for Natty Light? Prove using calculus.Is Natty Light a normal or an inferior good? Prove using calculus.
you are given the following equation for the aggregate demand ad and short-run aggregate supply sas curve ad y 1.25ap
what is the difference between a change in demand versus a change in quantity demanded? a change in supply versus a
An earth orbit has a perigee radius of 7000 km and a perigee velocity of 9 km/s. Calculate the change in apogee radius due to a change of 1 km in the perigee radius.
Many people do not "like" or "trust" single point estimates for things they need measured. Looking back at the data examples you have provided in the previous discussion questions on this issue, how might adding confidence intervals help manage..
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor an increase in immigration
The Energy Information Administration estimated that in 2012 American consumers spent 4 percent of their incomes on gasoline. Would the elasticity of demand likely be greater or less if consumers had spent 8 percent of their incomes on gasoline?
Make sure to label the axis of the graph. Now, add two more production functions based on the following scenarios. a. Efficient institutions are adopted in a country. Label this production function F2. b. A new technology is adopted allowing great..
imagine that it is the year 2199. technology has progressed at an incredible pace. the latest discovery is the
suppose all firms in a perfectly competitive industry have the same short run labour demand curves. under what
If Mary has signed a lease for a shop with 1,000 square feet, if she is not able to get out of the lease or to expand her store in the short run, and if the price of a bouquet is $3 per unit, how many bouquets per month should she sell in the short r..
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