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Retail sales taxes are used at the state and local level to finance general fund expenditures. In other words, the tax revenue collected via the sales tax is not tied directly tied to benefits received by each taxpayer. Retail sales tax fair? (9 points)i. Please think carefully before responding to this question. I am expecting a well thought out response that covers issues related to benefit principle versus ability-to-pay principle, and vertical and horizontal equity. Be sure to define each term.
q.this problem uses the heckscher-ohlin model to predict the direction of trade. consider the construction of handmade
Illustrate what is the natural rate of unemployment for this economy. Assume the economy has been in equilibrium for a while also the inflation rate is 15%.
How much Wyandotte have to decrease the price of polyol to attain a 15% increase in the quantity sold.
Do you find that in recent years that housing has became more difficult for consumers to achieve?
Illustrate what factors contributed to Hong Kong Disney's poor performance during it's 1st year
What is the purpose of economic sanctions? What problems do they pose for the nation initiating the sanctions? When are sanctions most successful in achieving their goals?
Demand for airline tickets fluctuates throughout the year, which affects the price of an airline ticket. Suggest the type of game that may be most appropriate for a specific airline to play to address the differences in demand and elasticity and the ..
Explain how would the competitive balance in the American and National Leagues change if baseball owners forced the Yankees to move to Albuquerque, New Mexico.
Elucidate how much does the gardener receive. How much does the customer pay. How much does the government receive as tax revenue.
Illustrate what is your opinion of the restaurateur's decisions. Would you recommend that she accept the $66,000 offer.
Consider a market where supply and demand are given by QXS = -14 + PX and QXd = 85 - 2PX. Suppose the government imposes a price floor of $38, and agrees to purchase any and all units consumers do not buy at the floor price of $38 per unit. Determine..
Calculate the loss of economic welfare caused by the monopolistic . If some of this lost welfare would have been producer surplus, why is the monopolist willing to forgot this surplus?
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