Obtained using the added value method,

Assignment Help Microeconomics
Reference no: EM13961369

Having a GDP of $2375 obtained using the added value method,  How much government revenue would a value added tax of 10% generate?

How much revenue would a 10% sales tax on final output generate?

Reference no: EM13961369

Questions Cloud

What is better objective from finance-economic point of view : Very recently Volkswagen has been in the news because of their efforts to cheat on emissions. Discuss this with emphasis on their goal of being the no 1 auto manufacturer in the world. Is it advisable for a firm to be the number 1 in sales? What is a..
Graph the line and calculate its slope p : Problem 1 For each of the following equations, graph the line and calculate its slope P = 10 - qD (Put qD on the X-axis) P = 100 - 4 qD (Put qD on the X-axis)
Find the energy stored in each capacitor. : Consider a group of capacitors, where C1=14 µF and C2=6.8 µF. Terminals A and B are connected to a 9.0 V battery. Find the energy stored in each capacitor.
Which of two product groups is better suited to strengths : What do you think of the fact that Blue Nile carries more than 30,000 stones priced at $2,500 or higher while almost 60% of the products sold from the Tiffany web site are around $200? Which of the two product groups is better suited to the strengths..
Obtained using the added value method, : Having a GDP of $2375 obtained using the added value method,  How much government revenue would a value added tax of 10% generate? How much revenue would a 10% sales tax on final output generate?
Profit and shareholder wealth comparison : General Electric Corporation and Tyco International are both classified as "conglomerates" (having many diversified business lines). General Electric has pursued a conservative growth strategy by focusing on being the number one or number two in e..
What would a prepared work breakdown structure : What would a prepared work breakdown structure (WBS) listing for this project with activities corresponding to a two-level task and sub-task structure look like. The WBS would need to list activity item indents and WBS codes that clearly identify the..
Discuss whether you feel the sec : Discuss whether you feel the SEC's temporary ban on short-selling financial stocks in 2008 during the financial crisis unfairly punished convertible arbitrage funds.
Determining the minimum-cost schedule : a) What is the project's duration if only normal times are used? b) What is the minimum-cost schedule? c) What is the critical path for the minimum-cost schedule?

Reviews

Write a Review

Microeconomics Questions & Answers

  Cost and perfect competition

Draw an iso-cost line for this firm, showing combinations of L and K that cost $6 and another iso-cost line showing combinations that cost $12. What are the slopes of these iso-cost lines?

  Determine the minimum number of recycling collectors

the mayor of cambridge colorado wanting to be environmentally progressive decides to implement a recycling plan. all

  Draw the budget constraint of a student

(i) Draw the budget constraint of a student who buys such a card before and after the scheme is introduced.

  Choose the correct verb to fit the context of the sentence

Choose the correct verb to fit the context of the sentence. 1. Though no vote ________ taken, each delegate and alternate ________ there. a. was/was  b. was/were

  Why might you expect to see flat royalty payments in

why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchises

  What is optimal level of pollution abatement

Suppose the marginal cost of abating X units of pollution is given by MC(X) = 2X and marginal benefits are MB(X) = 10-2X. Suppose Current pollution = 4 = Xmax. What is optimal level of pollution abatement, X*?

  Describe at least 2 operating systems which can be used in

discuss at least 2 operating systems that can be used in health care delivery. your discussion should include

  Describe exactly how the change in federal funds rate can

the federal reserve controls the three tools of monetary policy-open market operations the discount rate and the

  Pricing in one market depends

A firm makes two products, x and y. Inverse demand for each shows that pricing in one market depends on sales in the other according to the equation:What bundle of products (x∗ , y∗ ) should the firm produce.

  You are the chief economic advisor of the president of

you are the chief economic advisor of the president of dreamland. right now the country has unemployment of 7.7 . the

  Main approaches for developing a wbs

Compare and contrast the main approaches for developing a WBS. Which approach do you feel is most user-friendly? Explain your answer. Your response should be at least 200 words in length. You are required to use at least your textbook as source mater..

  Violation of the law of demand

Many hotels charge higher prices during the holiday period and yet there is higher demand for hotel accommodation during these periods. Is this a violation of the law of demand? Explain your answer and use theory and illustrations to support your ..

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!

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