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Ponder this immigration reform: US citizens are given the right to sell their citizenship to whomever they choose at whatever price they can get. Someone who has sold her US citizenship is no longer permitted to remain in the US without an appropriate visa, or to work in the US without an appropriate visa. Someone who has bought US citizenship may live and work in the US and enjoy all the privileges and benefits or US citizenship (as well as being responsible for all the duties). All transactions involving US citizenship have to be recorded by the government (just as deeds and mortgages for real estate are now recorded). Give one argument in favour of this reform. Give one argument against this reform.
The nation of Acirema is “small” unable to affect world prices. It imports peanuts at a world price of $10. Now suppose Acriema imposes a production subsidy of $2 per unit produced by Acriema’s firms. Calculate and graph the new equilibrium with the ..
In a market economy, every resource will tend to be paid according to its marginal product. Highly productive resources will command high prices, whereas less productive resources will command lower prices.
If government imposes a $5 specific tax to be collected from sellers, what is the price consumers will pay. Explain how much tax revenue is collected.
Neither firm can choose which cell of the payoff matrix to obtain; the payoff for every firm depends upon the pricing strategies of both firms.
For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price
Assume the inflation rate is 1.59 %, an income tax rate of 39 %, and straight - line depreciation. The MARR is 10%. What is the Internal Rate of Return (IRR) of "Alt. A" after taxes in actual 5?
Compute the net present value using the numbers provided. Assume that annual cash flows occur at the end of the year.
Elements of fiscal policy that move the budget toward surplus as the economy expands and toward deficit as it contracts are called ________.
q1. the third largest city of a country has a population of 12.5 million. using the ranksize rule what is the
A trend analysis for a farm business could be performed using what kind of data for comparison?
Basil Robekins has an idea for a new type of ice cream cone made from candy bars (like Butterfinger, etc.). He thinks his normal customers will buy more often because they can pick and choose from over 31 different candy bars and won't get bored with..
A bookkeeper makes a significant posting error, which she later discovers and corrects. In fear of losing her job, she does not report the mistake to her supervisor. How should the employee have handled this situation and what should the supervisor d..
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