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Q. Suppose that average household in a state consumes 800 gallons of gasoline per year. A 20-cent gasoline tax is introduced, coupled with a $160 annual tax rebate per household. Will household be better or worse off under new program?
Q. In lecture, we Suppose unrealistically that re is no tax on interest earnings. n Suppose that U.S. Begins introducing a tax on interest earnings from today. How will this tax policy affect current exchange rate?
Elucidate how absolute also comparative advantages were used in your simulation. Elucidate the influences affecting foreign exchange rates.
Identify three roles for money: money is a unit of account, a store of value also acts as a medium of exchange.
Illustrate wage would a monopoly union demand. Explain how many workers would be employed under the union contract.
According to the production function, with 300 labor hours, illustrate what is this economy's capacity to produce
If the nominal interest rate in Japan remains unchanged, what happens to the interest rate paid on Korean deposits.
Given the experience of the last several years, Elucidate how has the valuation of dot.com changed.
When the Economy is at the point of Full Employment, is the Unemployment Rate zero percent.
Jack is in the umbrella making business. The economic cost of each umbrella is $2. Illustrate what are the formulae for both the average economic cost curve and marginal cost curve.
explaining the effect of demographics on public revenue sources.
How many units of good X will be purchased when Px=4910, determine the inverse demand function for good x.
Provided Ajax's pricing strategy, illustrate what is marginal revenue function for Ajax.Compute profit-maximizing level of output for Ajax.
smaller multiplier means that change in government purchases of goods and services, government transfers, or taxes necessary to close an inflationary or recessionary gap is larger. How can you explain this apparent inconsistency.
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