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Choose ONE of the following questions and write a brief response One Page 1) Who would pay a greater share of special income taxes: employers or workers? Explain, considering the price elasticities of supply and demand for labor. Will the deadweight loss from personal income tax in the U.S. be relatively large or relatively small? How does the price elasticity of supply of labor change for higher income workers as compared to lower income workers? Explain your answers, and then discuss how these considerations should affect U.S. income tax law. 2) Some economists argue that the government should only provide goods. All other goods can be provided by the market, with government subsidy if necessary. Do you agree with this statement? Should the government goods that are not quite pure public goods, but share some of the same characteristics? Are there economic reasons for your answers, or are you making other considerations? Explain your answers.
In 1982, nominal GDP decreased by 2% while real GDP increased 4%. What explains the difference between nominal GDP and real GDP? Which is a better indicator of how the economy is performing?
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
in a multiple regression model using 310 students to explain college grade point average the following explanatory
Suppose that the president proposes a new law aimed at reducing heath care costs: All Americans are to be required to eat one apple daily.
in the december 7 2010 edition of the new york times david leonhardt discussed the tax and spending deal president
youve entered into a contract to purchase a new house and the closing is scheduled for next week. its typical for some
mullineaux corporation has a target capital structure of 70 percent common stock 5 percent preferred stock and 25
1nbsp i using excel estimate using regression analysis the linear demand equation of qx on px py advertising and
What proportion of sample means from samples of size n = 16 graduates fall within ±$3,000 from the population mean? u=48600; o=8100 In repeated sampling of n = 25 graduates, what proportion of sample means would fall within ±$3,000 from the popula..
explain why purchasing power parity ppp works better in the long run than in the short run. your 200 word answer
In effect, the CRA and the actions of Fannie Mae and Freddie Mac acted to subsidize home purchases by people who otherwise would not have purchased houses. All subsidies must be financed by taxes, implicit or explicit on someone.
Due to the lack of profits, many growers have stopped production and the output of coffee beans has fallen from 400 tons per year to 250 tons per year.
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