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Tax rebates
It is proposed that Congress pass a fiscal stimulus package that includes tax rebates for individuals. Is this Keynesian or Monetarist policy? Do you think tax rebates would stimulate the economy? Please explain.
Suppose the U.S. is in the midst of a recession and a new president has just inherited an already large public debt.
marketplace labor demand is typically more elastic in absolute value than market labor supply. A person who has a substitution effect that dominates his income effect will increase hours worked when an income tax is imposed.
True/False: For each of the following concepts, decide whether it's true or false, and briefly explain why (2-3 sentences). You can also use diagrams if they are helpful. Each correct answer is worth.
Compute the cross-price elasticity of demand between goods X and Y at the given prices.
As the manager of monopoly, you face potential government regulation. Findout the monopoly price and output.
Illustrate and discuss the questions that emerged from Walras research strategy.
Assume that the market demand for broccoli is given by Q=1000-5P and the market supply of broccoli is given by Q=4P-80 where Q is quantity per year measured in hundreds of bushels an P is price in dollars per hundred bushels.
A new hybrid car manufacturer is trying to decide among making and buying its parts and components. it has complied the following data per vehicle produced:
QuadPlex movie is the only movie theater in Idaho Falls. The nearest rival cenima theater.
The ending benifit if any should be realized in CAD. How can he complete interest arbitrage. What will be his profit.
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
In the 1990s Japan reduced its exports of automobiles to the United States by 28 percent. If you were the manager of a US car dealership, explain how would this affect your pricing strategy.
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