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Consider a married couple where the husband and the wife each has $80,000 in taxable earnings. Assume they have no children and all income is from earnings.
a. Compute their tax liability as a married couple.
b. Compute their tax liability if they live together but are not married (not filing jointly).
c. Assuming that they are married, compute their marriage bonus or penalty.
What measures and tools does Federal Reserve have at its disposal to address economy. What has the Fed employed in the past two years to help economy?
Other things constant, how will an unanticipated increase in oil prices influence the general level of prices and real output of oil-importing nations such as the United States and Japan?
Explain how would you use these cost also revenue estimates to determine whether a sales force increase (or possibly a decrease) is warranted.
1) when inflation rises quickly, borrowers will be hurt or lenders if the actual inflation rate is less than the expected inflation then:
Suppose XYZ Corporation has a technology that uses only labor (L) and the production function is the following: one unit of labor will produce one unit of output (x), i.e., x=L. Also suppose that the firm can buy as much labor as it would ever wan..
Explain how can rational thinking the above behaviors. How do your thoughts impact, if at all, your opinion of the theory.
All of the firms will submit sealed bids. The procurement officer will look at all of the bids and select the lowest bid but pay to the lowest bidder a price equal to the price bid by the second lowest bidder. Show that bidding c is a weakly domin..
The annual income from a rented house is $12,000. The annual expenses are $3000. If the house can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a suitable interest rate?
What is the current macroeconomic situation in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Project managers do a lot more than calculations and reporting; they must keep the team on track, ensure ethical decisions are made, deal with conflict, and, depending on the type of organization, they may perform employee evaluations, issue bonus..
Supply and demand show the relationships between two main variables, price and quantity. How are they depicted in demand, and in supply? What other factors impact the relationships between price and quantity in supply and demand? Which factors are..
If the demand schedule may be written P = 100 - 4Q, and the supply schedule P = 40 + 2Q, then what is the market clearing price and quantity?
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