Define regressive tax in its impact on the distribution

Assignment Help Macroeconomics

Reference no: EM13179596

Suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. Can you make a case that trade acts like a regressive tax in its impact on the distribution of real income and welfare within the country?

Reference no: EM13179596

Questions Cloud

The cost of the capsule shells : List any bases Robins & Robins could sue Casings, Inc., under contract theory ONLY for the damages caused by the explosives in their drugs, over and above the cost of the capsule shells.

Operant conditioning project : positive punishment, negative punishment, positive reinforcement, and negative reinforcement

Resources to prevent recidivism : As a society, do we provide parolees and previous offenders with ample support and resources to prevent recidivism? Parole is a method by which an offender is released earlier than the full-sentence completion date.

According to the situational leadership approach : According to the Situational leadership approach, D3 subordinates may be highly skilled but also lack commitment. D4 subordinates are not certain that they can do the job by themselves.

Define regressive tax in its impact on the distribution : Suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. Can you make a case that trade acts like a regressive tax in its impact on the distribution of real income and welfare within the countr..

What is the owenership cost of the vehicle : Susan is considering buying a 2011 Smart ForTwo costing $21,635 and finds that the retaining values of the vehicle over next five years are as follows: Percent of the total value retained after 36 months: 28% Percent of the total value retained aft..

What will be the total price and the per session price : Your firm designs training materials for computer training classes, and you have just received a request to bid on a contract to produce a complete set of training manuals for an 8-session class. From previous experience, you know that your firm f..

What is the uniform annual equivalent value : An electronic device is available that will reduce this year's labor cost by $10,000. The equipment is expected to last for 8 years. If labor costs increase at an average rate of 7% per year and the interest rate is 12% per year: a. What is the m..

Find probability that she will have to obtain her cup of tea : Swapna David is a customer assistant consultant for Acme Information Systems, who provides assistance for computer users. The mean number of calls per hour is 40 from across the United States and calls are independent.

User Account

All Pages