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What determines the level of saving? Explain why, if taxes are fixed, disposable income in a full-employment economy is fixed. Explain why saving may not be very sensitive to the real interest rate.
Given the facts of this case, provide your opinion as to whether Bank of America (BoA) is genuinely sincere about corporate social responsibility (CSR) or if it is merely window dressing. Provide a rationale for your answer.
According to the News on page 159, (a) By what percent did GDP decline (b) How much output was lost in the $14 trillion economy (c) How much income did this represent for each of the 300 million U.S. citizens
You have decided to purchase a small tract of land for building a new home on the outskirts of town. You have some money available but need a loan of $18,000 to make the purchase. The land will be owner-financed over 4 years with end-of-year payme..
Sarah is awake for 100 hours per week. Using one diagram, show Sarah's budget constraints if she earns $6 per hour, $8 per hour, and $10 per hour. Now draw indifference curves such that Sarah's labor supply curve is upward sloping
Suppose that two identical firms produce widgets and that they are the only firms in the market. Their costs are given by C1 = 60Q1 and C2 = 60Q2, where Q1 is the output of Firm 1 and Q2 the output of Firm 2.
Country A has soil that is suited to corn production and yields 135 bushels per acre. Country B has soil that is not suited for corn and yields only 45 bushels per acre. Country A has soil that is not suited for soybean production and yields 15 bu..
A certain service can be performed satisfactorily by process R, which has a capital investment cost of $8,000, an estimated life of 10 years, no market value at the end of 10 year life, and annual net receipts (revenues-expenses) of $2,400 per yea..
where P is the price in dollars per litre, Qd is the quanity demanded in millions of litres per year, and Qs is the quanity supplied in millions of litres per year. what is the price elasticity of demand atthe equilibrium point
Analyze tax issues regarding corporate formations, capital structures, income tax, non-liquidating distributions, or other corporate levies - Create an approach to tax research that results in credible and current resources.
What happens to your answers in b.), c.), and d.) if the tax rate decreased to 8% What was the original expenditure multiplier in this country What is the multiplier after the change in the tax regime
What do the measures above tell us about consumer behavior? Have incomes changed enough to offset the inflation since 2000? What can we predict about future inflation?
Based on the comparison of last year's results from Wal-Mart, Costco, Target and the retail industry, what would your expectations be about Target's revenue growth, gross margin, operating margins, and number of employees this year?
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