User Account

All Pages

How required tax rate of 0.1415 is computed in this question

Assignment Help Microeconomics
Reference no: EM13876612

In Example 9 in Sect. 13.6.2, it was shown that to achieve a balanced budget, cutting government expenditures by 30 % from $125 to $87.5 billion must be accompanied by raising the marginal tax rate from 10 to 14.15 %. Show how the required tax rate of 0.1415 is computed.

Reference no: EM13876612

Questions Cloud

Determine the reaction of the two : The boom on a 9500-lb truck is used to unload a pallet of shingles of weight 3500 lb, determine the reaction at each of the two
What are the possible causes for noncompliance : What are the possible causes for noncompliance? Are there other factors contributing to the issue? What data are needed to determine the Factors involved in the noncompliance? How would the problem look different if it turned out only a handful of p..
How modeling is involved in its study : Select any process/chemical engineering topic of your interest and in about 1000 words explain how modeling is involved in its study and development.
Calgary corporation produces a liquid solvent : Calgary Corporation produces a liquid solvent in two departments:
How required tax rate of 0.1415 is computed in this question : In Example 9 in Sect. 13.6.2, it was shown that to achieve a balanced budget, cutting government expenditures by 30 % from $125 to $87.5 billion must be accompanied by raising the marginal tax rate from 10 to 14.15 %. Show how the required tax rat..
Self-regulation of pharmaceutical detailing practices : In the wake of public scrutiny and industry self-regulation of pharmaceutical detailing practices, the focus has shifted to "simple one-on-one human rapport." As The New York Times reported in 2005:
Did the plant manager do a good job in controlling factory : Did the plant manager do a good job in controlling factory overhead cost if (a) the company had only fixed factory overhead, or (b) the budgeted factory overhead figure included $60,000 of variable factory overhead cost?
Develop a process schematic : Question : A fermentation broth is being produced at the rate of 2500 liter/hr. It has cells, cell debris along with the two main biomacromolecules as products, a monoclonal antibody (MAb) of molecular weight (MW) 245,000 and a protein of MW 18,000; ..
The cereal division of mckenzie corporation. : The following pertains to the Cereal Division of McKenzie Corporation.

Reviews

Write a Review

Microeconomics Questions & Answers

  Working capital is expected to raise by 3000 at the

your company is considering a replacement of an old delivery van with a new one that is more efficient. the old van

  The interest rate parity relation

where i is the domestic interest rate, i* the foreign interest rate, E and Ee are the actual and expected exchange rate, respectively. Referring to this equation as needed, explain why investors pay attention to the exchange rate when making investme..

  High-ability and low-ability

Suppose there are two types of workers: high-ability and low-ability. Workers know their own abilities but firms do not. A high school diploma costs a high-ability person $10,000 and costs a low-ability person $15,000.

  In what circumstances do you believe this is a beneficial

There is a debate about whether sterile hypodermic needles should be passed out free of charge in cities with high drug use. Proponents argue that doing so will reduce the incidence of diseases, such as HIV/AIDS, that are often spread by needle shari..

  Economy and the monetary transmission mechanism

Explain the fundamentals behind why changes in the money supply have real effects on the economy and the monetary transmission mechanism.

  What type of educational background do ceos have

What type of educational background do ceos have? in one survey, 344 ceos of medium and large companies were asked whether they had an mba degree. there were 97 mbas.

  What is the difference between the price paid by consumers

What is the difference between the price paid by consumers and the price received by producers? Has the quantity of beer sold increased or decreased?

  Find out the optimal consumption vector maximum utility of

the preferences of a consumer are represented by the utility function u x 2y12a in the initial situation the prices

  How does the firm have increasing returns to scale

For a firm in a perfectly competitive market that faces a market price of $5/unit for its output, draw a diagram showing a U-shaped long run Average Cost curve and the related Marginal Cost curve so that, in the situation you show

  Why is decentralization a good strategy

Distinguish between the terms bundling, multidivisional, matrix and network organizational structures. Why is decentralization a good strategy? What are possible disadvantages of this strategy?

  If indeed governments spend more will jobs created be

aggregate demand involves the purchasing actions taken by consumers businesses governments and the spending by u.s. and

  Differences in external costs-private costs and social costs

Explain the differences between external costs, private costs, and social costs and how the presence of external costs leads to market failure.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd