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1. (Disincentives) How does the implicit tax on earned income (in the form of lost benefits from government assistance programs as earned income increases) affect work incentives? How do some people avoid the implicit tax?
2. (C a s e S tudy: Is Welfare-to-Work Working?) Discuss the key features of welfare reforms introduced by the federal government in 1996.Why were policy makers worried that turning welfare over to the states would result in a "race to the bottom"?
The revenue from the café is expected to remain constant at $225,000 per year for the next several years. The costs (not including the opportunity costs of the investment) of operating the café are expected to remain constant at $185,000 for the n..
Research the current exchange rate for two countries of your choice that you believe would be good places to conduct business. Be prepared to discuss.
you are the ceo of a small chain of womens clothing stores. you notice that your total sales are beginning to dwindle
discuss the background of federal reserves chairman ben bernanke in detail including his educational background to his
Determine the quantity of cars traded and the price at which cars get traded - calculate Marginal Revenue curve from demand curve.
An oil refinery has decided to purchase some new drilling equipment for $550,000. The equipment will be kept for 10 years before being sold. The estimated MV (SV) for depreciation purposes is to be $25,000. Using the SL method, the annual depreciatio..
The F-statistic is calculated as approximately - Which of the following represents the alternative hypothesis for this scenario - Analysis of first-income earners in the SW and NE.
Apply demand and supply analysis to events that you experience or read about in your life. Find an article from a newspaper or periodical that illustrates a market.
A fleet manager must choose between two trucks to purchase for a company's fleet. The company will keep either truck for 4 years. Truck A costs $29,000 and has a market value of $16,000 after 4 years. Truck B costs $33,000 and has a market value of $..
Write down the consumption function, the investment function and the planned aggregate expenditure function. Write down the equation representing the economy at its equilibrium.
Suppose that upon entering the European Union (EU), it is discovered that the cost of automobile production in Poland is €14,000 while it is €20,000 in Germany. Suppose that the EU, which has a customs union, has an X percent tariff on automobiles..
Explain and illustrate how each of these events would affect aggregate demand, aggregate supply, and prices, then explain how you would respond with economic policies. Please show illustrations showing the movement of the AS and AD curves.
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