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Global environment of business
Both Germany and Finland, among a large number of other nation states, have far more government regulations of business and much higher tax rates than does the United States. (The U.S. tax burden on its citizens ranks a quite low 215th among the world's countries.) Yet, both Germany and Finland among a large number of countries have higher rates of growth in GDP since 1995 than does the U.S. What does this reveal to you? (IMPORTANT hint: This has nothing (!!) at all to do with the size or scale of the respective economies.)
q. speedy growth of the nationwide debt alarmed various politicians as well as created pressure for restricting
q1. when the price of ketchup rises by 15 the demand for hotdog falls by 1 calculate the cross -price elasticity of
Firms A and B each produce 100 units of pollution. Firm A has a marginal cost of pollution reduction of MCA= 10+2QA. Firm B has a marginal cost of pollution reduction of MCB=3QB. The marginal benefit of pollution reduction is $150 per unit. What is t..
An insurer sold 100,000 policies at $6,800 and paid for all care. Ten percent of its customers were high risk ($50,000 in annual spending) and 90 percent were low risk ($500 in annual spending). What are its revenues and medical costs?
You do not need plot the following curves precisely, and just show what they generally look like. Plot in one graph the total cost curves for constant, increasing, and decreasing return to scale. Plot in one graph the average cost curves for constant..
Consider illegal immigration. How would illegal immigration be affected if all countries had property ownership rights as well defined as in the United States?
Starting from long-run equilibrium, graphically illustrate and explain what happens to the equilibrium price level, equilibrium level of real GDP and the unemployment rate in response to an increase in technology. Is it reasonable to conclude that th..
Economic history since the industrial revolution [in the United States] strongly suggests that technical learning, not the process of perfect competition, drives growth over time” explain why perfect competition is not conducive to innovation, i.e., ..
The US government decides to introduce a tax on a given market to increase government revenues that can be used to finance the provision of public goods. What are the consequences of introducing a tax on a labour market and on a product market?
What are the goals/objectives of judges (what do they maximize)? Filing fees: for the marginal case, the one that may or may not be filed the filing cost should equalt what?
The multiplier, or the change in equilibrium GDP that will occur per any change in spending, can be determined by calculating the fraction of any change in income that survives all of the leakages and goes on to start the next round of spending.
Your organization has always sold goods to the domestic market, for the first time they have expanded into Europe. As the Head of Internal Audit the board is concerned with risk of dealing with another currency (the Euro). The implications and risks ..
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