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Explain how the corporate tax system could be designed to maximize world and national incomes, respectively.
a. First, state expressions that show what it means to maximize world and national incomes, and then explain how the tax system could be designed to satisfy those conditions.
b. Which of the conditions fits the Canadian treatment of foreign corporate incomes best? equal?
Use an IS-LM diagram to illustrate Krugman's contention that fiscal policy is more effective as a macroeconomic policy tool when compared to monetary policy, given that the economy is in a liquidity trap.
Let s be the savings rate, δ the depreciation rate and the production function be: y = Aka. If the share of labor is 2/3, calculate the steady-state value of k for each of the following: the product function is in per capita terms. Explain what the m..
Consumers of computers value high-quality ones at $1,000 and low-quality ones at $100. The supply of high-quality computers is QH = PH ? 200. The supply of low-quality computers is QL = 2PL ? 100. Only sellers know the true quality of the computers b..
FedEx's projections were way off with regard to both interest rates (which fell very significantly going into 2009) and fuel costs (which more than doubled before falling again in 2009). Does this suggest that management was not effectively manag..
Based on what you have learned about monopoly markets and markets in oligopoly, which of these two do you believe is more harmful for the consumers and for the economy, and why? Do you believe all monopolies should be considered illegal?
Propose a numerical and graphical example of 2 agents w/ constant opportunity cost to demonstrate potential for gains from trade. be sure to explain the opportunity cost of the two goods for each agent, who has the absolute and comparative advantage ..
Suppose that Italy and Germany both produce fish and wine. Italy's opportunity cost of producing a bottle of wine is 4 pounds of fish while Germany's opportunity cost of producing a bottle of wine is 9 pounds of fish. By comparing the opportunity cos..
Two Cigar makers are trying to determine whether or not to advertize their products on TV, and the effect on their profits. The Govt. is likely to ban Advt. related to Smoking on TV, and would charge a Penalty Surcharge Tax of $30m for any smoking ad..
What is an exchange rate? What is the exchange rate currently for the US dollar and the euro? for the dollar and the yen? for any other currency of your choice? Where appropriate, cite examples from your text or other readings.
The global movement toward generally freer trade
An efficiency wage is designed to
q.pcc and cdw are two online retailers which compete in an internet market for digital cameras. their products are some
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