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Q1. Suppose that the government imposed a $1 tax each time someone used the atm. how would this effect output and the price level in the short and long run?
Q2. Outline the possible outcome for teachers if the school year is extended to 11 months instead of 9 months. Discuss the role of incentives.
Q3. Suppose the interest rate on 6-month treasury bills is 7 percent per year in the United Kingdom and 4 percent per year in the United States. If today's spot price of the pound is $2.00 while the 6-month forward price of the pound is $1.98. By investing in U.K. treasury bills rather than U.S. treasury bills, and covering exchange rate risk, U.S. investors earn an extra return for the 6 months.
You have an income of $40 to spend on two commodities. Commodity 1 costs $10 per unit, and commodity 2 costs $5 per unit, illustrate what is the budget equation.
Why is the burden of a tax to taxpayers greater than the revenue recieved by the government. Why do some economists advocate taxing consumption rather than income.
From the e-Activity, identify the company, the accounting impropriety or illegality, how it was detected, the outcome, and propose a strategy that might have prevented the situation. Indicate how the strategy should be implemented.
How great an open market purchase or sale of securities should the central bank undertake to restore the original interest rate.
Illustrate what has presidents immediately under the principles of immediate wants of the nation also mandate from the people.
Elucidate what happened to Ikonomia's net foreign assets during 2007. Did it acquire or lose foreign assets during the year.
How much output is lost as a result of deaths from secondhand smoke, according to the news.
The People's Bank of China, the country's central bank, raised the reserve requirements of its top commercial banks to put a squeeze on the credit market
What is meant by absolute advantages and comparative advantages? What are the differences between the two?
Elucidate what impact will this change have on the price level, output, and employment in the short run in the United States.
The dollar that the United States pays to import chinese goods are left in banks in china. Will this strategy raise or lower the standard of living in the United states?Briefly explain. be sure to provide a definition of "standard of living " in your..
Can we say that the plant in country b is more efficient than the plant in country A? Discuss in terms of both technology and economic efficiency.
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