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Taxes affect not only primary markets but also related markets. If the corporate income tax is a tax on capital in the corporate sector, use a diagram to describe the effects on
(a) demand for labor in the corporate sector, and
(b) the cost of capital in the non-corporate sector.
Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor fo..
You want to estimate whether there is a relationship between gender and smoking at your university. In spite of these large differences, all three models yield similar estimates of the marginal effect of gender on the probability of smoking. How ca..
During a year of operation, a firm collects $175,000 in revenue and spends $80,000 on raw materials, labor expenses, utilities and rent. The owners of the firm have provided $500,000 of their own money to the firm (and view that money as a loan to..
GeeM has a sporty wheel package and a luxury interior package that is considering offering to its auto boyers. GeeM has estimated that there are three consumer types (A, B, and C - all of equal magnitude - for simplicity, consider it one of each ..
Suppose the government reduces taxes by $20 billion, that there is no crowding out, and that the marginal propensity to consume is 3/4. 1. What is the initial effect of the tax reduction on aggregate demand
Diagram a game in which they choose whether to vote or not to vote.
Sharon sells a government security worth $4,600,000 to the Federal Reserve Bank of Kansas City. She then deposits the funds in her checking account at First Commerce Bank. Her checking account had a $150,000 balance before this deposit.
What Gimbo most enjoys for dinner is eating fig leafs (F) and to accompany his meal with nothing better than an Arak (A) drink on the rocks. His utility function is represented by this equation : U=33(F)(A^2). Gimbo has $100 to spend on dinner dur..
The reasearch topic can be about trade, commodities, demand or supply, elasticities, health issues, monetary issues etc. Also, can be about the markets in your town or country that you leave.
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms' product is Qd = 600 - 2.5P. Determine the equilibrium price and quantity under free trade
What happens to the profits of boat makers in the short run? What happens to the number of boat makers in the long run?
Recent increases in rents have caused the citizens of Elmville to vote for a rent ceiling of $1200. Assuming all rental units in Elmville are identical and the supply and demand for rental units are given by Qs = -1000 + 20P Qd = 50000 - 10P
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