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Which of the following might logically be reasons used in support of a value added tax for the federal government?
A.Improve separation of revenue sources across the levels of government (federal, state, and local).
B. Provide an increased economic incentive for private saving.
C. Increase the responsiveness of the federal tax base to changes in the natural economic activity.
Suppose Canada has 100 workers and 160 units of capital whereas Mexico has 100 workers and 70 units of capital. Apply the definitions of factor abundance and factor intensity to sort countries and products. What would you expect the pattern of trade ..
Use any or all of the handouts on currencies or central bank policy and critique the quantitative easing policy of Europe, Japan, or China. Use the "Tinkering with Currencies..." article as a start. Is the currency of any of those countries the real ..
Find the market clearing price and quantity in the market for TVs if market demand is given by P=7,000-20Qd and Supply is given by, P=1000+10Qs?
Suppose a country's nominal GDP increases from $100 billion in 2012 to $120 billion in 2013. The GDP implicit price deflator was 100 in 2012 and 100.1 in 2013. Calculate the country's economic growth.
Suppose Apple sells phones with 4-inch screens and Samsung sells those 5-inch ones. Consumers have their hands of different sizes. Their most preferred sizes, as a result (that might depend on the probability that they drop their phones), are distrib..
What is the different between quantitative easing and inflation? And how can they be explained using the graph of demand V.S supply?
When price level increases it reduces the purchasing power of our income. What is the impact of inflation on savings and interest rates?
Write a 3 pages with details on diversity on business in japan. with 5 updated references 2006 to 2015
If in agreement, identify two personal liberties that people should be willing to sacrifice. If in disagreement, identify two personal liberties that people should not be willing to sacrifice.
A monopolist estimated that the own-price elasticity of demand for its product is -4.5 and its advertising elasticity of demand is 1.5. Assuming these elasticities are constant, what fraction of the firm's revenues should the firm "reinvest" in adver..
q1. assume australias unemployment rate began to rise and the government passed an investment tax credit to help
A long standing question of interest to economists who study education is how outcomes vary for students who attend private schools as compared to public schools. The authors of this article have data on a standardized test taken when each student wa..
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