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government introduced an earned income tax credit. This reform has been considered controversial.
a. Analyse the likely effects of the tax credit.
b. What are the arguments in favour of the tax credit? What are the arguments against?
Discuss and explain one factor of how government involvement in marketplace can impact or not impact the economy. Give a real life example of this factor at work.
What indicates that we have positive value of perfect information and what is the expected value of perfect information on reserves?
Determine which of the following nations would you expect to have intertemporal production possibilities biased toward current consumption goods,
What is the difference between elastic and inelastic demand. Please be precise. If a restaurant increases its price of coffee from $ 1.00 to $ 1.20 and quantity demanded falls from 100 cups to 80 cups. How can I compute the price elasticity of dema..
Assume that an electric power plant could be built in the Upper Peninsula using wood as the fuel and would produce 621 megawatts of electricity. Assume that it would have an efficiency of converting wood energy into electricity of 0.29. Let's assu..
What is the long-term equilibrium enrollment in the tuition reimbursement sub-program and which sub-program's long-term equilibrium would be more greatly affected?
Is the main outcome of economics (high standard of living) the only relevant question in the realm of economic analysis? Do you agree? Is quality of life also significant?
Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses?
What is the cost to government for imposing the estate tax and what is the cost to the taxpayer for imposing the estate tax on him?
Starting in late 1970s and continuing through the 2000s, business environment moved toward relying less on government regulation and more on marketplace to get desired economic targets.
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are inte..
What is the most important factor leading to rising health care costs in the United States since 1980? a)The increased use of expensive medical technology b)Teh aging U.S. Population
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