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Find a media article on tax legislation (passed or pending) and evaluate that legislations's effect on (1)the economy and (2) taxpayers standard of living and (3) taxpayers feeling about this legislation, and (4) the effect of the legislation on the governments spending and national debt.
suppose that instead of holding prices fixed as we did in this problem that prices were perfectly flexible as in a
given the following hypothetical u.s. federal income tax brackets and marginal tax rates for single persons for
Draw a supply and demand diagram of a commodity you buy every day for your own consumption or a hypothetical commodity, say X, and show the equilibrium price and quantity demanded and supplied in the diagram.
Determine the GDP price index for 2015
Antonio, an accountant working for the city of Santa Cristina,decides to forego his annual vacation to Hawaii when word leaks out that the city may be cutting all employees’ salaries by 10 percent at the end of the year
Give at least two examples of a perfectly competitive market and explain what characteristics led you to that decision. Second, give at least two examples of a monopoly market and explain what characteristics led you to that decision.
medical schools and hospitals are heavily involved in the training of new physicians. after prospective new physicians
Assuming the revenue from a congestion tax is not redistributed to city residents, what effect would a congestion tax have on the residential bid rent curve? If the government reduced other taxes after instituting a congestion tax, how would the resu..
question 1 what do you mean by a social welfare function? if you suppose that such a function exists what properties of
you are a monopolist producing widgets for simplicity assume that you produce themat zero cost and maximizing your own
Jane receives utility from days spent traveling on vacation domestically (D) and days spent traveling on vacation in a foreign country (F), as given by the utility function U(D,F) = 10DF. In addition, the price of a day spent traveling domestically i..
suppose the demand for toothpaste is qd 11- 2p while the supply of toothpaste is qs 6.5 p where quantity is measured
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