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No income maintenance program
Consider a country with no income maintenance program that enacts an Earned Income Tax Credit similar to the US.
a) Among all working people, will this program lead to a reduction in hours worked? prove your answer either graphically or mathematically. state all assumptions.
b) What are the expected effects on labor force participation according to your model?
c) What does empirical evidence on the U.S. experience with the Earned Income Tax Credit predict will be the effect of the new policy?
Illustrate what would happen if CPI decided to raise prices unilaterally in this toothpaste market.
What was the cross-exchange rate between the Real and the Peso in 2001? Real____/Peso. What was cross-exchage rate between Real and Peso in 2002? Real_____/Peso.
What is opportunity cost? Explain with the help of an example, why assumption of constant opportunity cost is very unrealistic? Explain law of demand with the help of a demand schedule and demand curve.
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
You are the manager of a firm that manufacturers front and rear windshields for the automobile industry. Due to economies of scale in the industry
What is the opportunity cost of going to a doctor to be examined for skin cancer? Would eliminating research reduce or increase the cost of U.S. health care?
Illustrate what percentage of the CEO's total earnings is tied to profits of the firm.
You can lease the similar piece of equipment, delivered and installed, for an all-in cost of $65,000 per year, for three years, payable at the beginning of each year.
Suppose that rich countries surprisingly commit to much higher official aid, to be maintained for several decades. What would be the effect of such aid on?
Illustrate what is the economic growth rate equal to. Write down your math calculations. Show to 6 decimal points.
With an expanded strategic analysis of your organization it is time to turn to your workers and understand their views.
Campus Print Shop is assume of purchasing a new, modern copier that automatically collates pages. The machine would cost $22,000 cash.
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