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Discuss tax systems and political philosophies associated with income inequalities. List and describe the relationship between the two tax principles and three tax systems discussed in this course. Include comments regarding the effects of tax on society’s welfare highlighting sources, recipients, and types of discrimination that are present. List and describe the three political philosophies as well. Include the best pairing of tax system for each political philosophy. Bonus: Include a prominent philosopher within each philosophy discussed.
Explain how a Central Bank (e.g. the US Federal Reserve Bank, or "Fed") functions in order to: a) control the monetary base ("Hint": the amount of high-powered money); and b) through this control
A firm that makes car parts wants to adopt pay schemes that will best motivate its various workers to be productive and they hire you as a consultant.
A firm that is considering one independent project should accept it if
q1. suppose the following data apply total bank reserves 22 billion total bank deposits 400 billion cash held by public
How might it be possible for the unemployment rate to still increase? Provide an example, i.e., provide a scenario with numbers, to support your answer
What type of economic flow would be illustrated b the purchase of a Mexican candy-making factory by a US company.
A firm has two variable factors and a production function y = (2x1 + 4x2) 1/2. Without taking any derivatives, determine the technical rate of substitution between x1 and x2.
Will the sales force and warehouse manager maximize ports.
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 110 - 0.5P, and the marginal cost of production is $140. Determine the optimal number of units to put in..
If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.
q.the new york times reported that the inability of opec to agree last week to cut production has sent the oil market
Your financial planning client wishes to have investment savings in 20 years that will provide $1.0 million dollars of purchasing power, measured in today's (real) dollars. The current balance of the client's investment account is $75,000. In today’s..
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