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What would the following changes to the federal taxation system have on income inequality
1.Raise the federal marginal tax rate on income in the two highest existing income tax brackets by 2 percentage points.
2.Creating a new federal income tax bracket that would charge a 70 percent marginal tax rate on earnings above $10,000,000 in a year
3.Increase the federal payroll tax paid by employers by 1 percentage point for any worker the employer pays more than $200,000 in a calendar year.
As the number of firms in an oligopoly decreases:
Who holds the federal bureaucracies accountable for their actions? How are they held accountable?
How to do inverse demand in business economics? The break down of marginal cost, marginal revenue within the supply and demand curve
For each of the following situations, would the unemployment rate increase, decrease, or stay the same? A company begins paying efficiency wages above the equilibrium wage rate. The government extends the duration of unemployment insurance.
Which of the following is an example of sexist language?
Compute the price elasticity of demand for good X between the two prices on the demand curve. Describe the price elasticity of demand for good X.
Office building maintenance plans call for the stripping, waxing, and buffing of ceramic floor tiles. This work is contracted out to maintenance firms, and both technology and labor requirements are very basic.
Construct a? 99% confidence interval for the population proportion. Interpret the results.
With most of the world's nations either having moved to market economies, does the nationalization of foreign industries and property have its place?
What are the seven (7) key values or traits listed by Max Weber in his theory of bureaucracy? What other values would you also attribute to a bureaucracy?
Demand for a good is Qd = 20,000, 100 P. Supply is Qs = -1000 + 200 P. a. Find Q*, P*, consumer surplus, producer surplus, and total variable costs. Make a graph and label it. b. What is the elasticity of supply at the solution point? What is the ela..
Explain meaning of value added and its importance in income approach. Consider following data for selling price at each stage in production of a 5 pound bag of flour sold by your local grocer.
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