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The duration of copyright increased under U.S. law in several steps since the eighteenth century until it reached the life of the author plus 70 years. Suppose that a writer completes a novel at age 40. If the writer lives to be 75, then the copyright will last for 105 years. At an interest rate of 10%, the present value of $1 paid after 105 years equals much less than 5 cent. What does this fact suggest about whether the efficient duration of copyright is longer or shorter than currently provided by law?
Costs for maintaining buildings at an industrial complex over a 13-year period are expected to be $3,932 in year 1, increasing at the rate of 15% per year through year 13. At an interest rate of 15% per year, what present worth (at time 0) is equival..
Average tax rate is a. total taxes paid divided by total income b. measures the sacrifice a taxpayer makes c. measures the incentive effects of taxes on work effort, saving, etc. d. Both a and b. e. All of the above.
q1. the supply side economics of the regan administration 1981-1988 presumed that income tax cuts would stimulate
Find mathematically and graphically the Equilibrium price and Quantity? If the price is 10 Riyal, what kind of surplus we will have and how much is it? If the equilibrium price increased by one Riyal, what will be the quantity demanded?
One could argue that a long commute to work is an undesirable characteristic of any job. If most people live in the suburbs.
Liberty Airways is considering an investment of $800,000 in ticket purchasing kiosks at selected airports. The kiosks have an expedited life of four years. Extra ticket sales are expected to be $60,000 per year at a discount price of $40 per ticket. ..
Many ethical issues existed within in the Dalkon Shield scandal. "There is ample evidence that A. H. Robins Company advertised, developed, tested, exported, and continued to market a product that was known to be dangerous and ineffective"
Suppose someone says that a relatively small percentage of Americans own a large percentage of total assets and that therefore the government should redistribute wealth to those less fortunate. Which part of that statement is normative and which part..
If the market interest rate is expected to rise from this year to the next, would you prefer to be holding a 5-year bond or a 10-year bond? If the market interest rate is expected to fall from this year to the next, would you prefer to be holding a 5..
What are government's fiscal policy options for ending severe demand-pull inflation? Which of these fiscal options do you think might be favored by a person who wants to preserve the size of government? A person who thinks the public sector is too la..
You have been asked to produce a forecast for your company's new product (bottled water). List out and briefly describe four factors you would consider before giving the forecast.
In a recession, needs-tested spending and induced taxes
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