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Describe the taxation systems Then, provide an example for each form of taxation (in your examples, be sure to include the tax rates on income).
Describe the laws of supply and demand. Based on these laws, describe the factor(s) that will lead to a movement along the curve for each. Provide an example for each law. Explain each of the factor(s) that will lead to a shift in demand and explain each of the factor(s) that will lead to a shift in supply. Provide an example of each factor. In your example, explain if the shift in the curve will be to the right or left and why.
The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group, to name the three largest mergers.
Suppose the firm is a monopolistic competition firm whose demand function is X= 100 - 2P, Assume that there are no barriers to entry and the firm sells at equilibrium 20 units.
an economist might say that collage and universatys "produce" education, using facilty members and students as inputs. According to this line of reasoning, education is then "consumed" by house holds. Construct a circular-flow diagram like the one..
Use the following data for a pure monopoly to calculate the firm's-its profit-maximizing output level and produce price;
what one thing about the experience made you feel good about it? Why? In reflecting on the unpleasant experience, what one thing about the experience made you feel uncomfortable about it? Why? Consider what you do for work on a day-to-day basis. G..
We are constantly hearing about mass exodus of jobs in other countries (phone service, computer services, sales). Use the concept of comparative advantages to explain why this is occuring. Also, explain how the U.S. beneits more in the long run from ..
Calculate the current state of private saving, public saving and current level of investment. What do the information you calculated tell you about the current
Discuss different forms of foreign exchange regimes
Assume now that the government decides to change the program and offers an overall subsidy of 15 to anyone working at least 5 hours per day. Answer questions a) andb) under this alternative welfare program.
If one city has a higher CPI than another city, the city with the higher CPI must have a higher cost of living. a. true b. false
A bank has $120 million in total assets, which are composed of reserves, loans, and securities. its only liabilities are $120 million in transactions deposits. The bank exactly satisfies its reserve requirement, and its total reserves equal $6 millio..
Suppose that the economy starts at equilibrium and the mpc = 0.8.What would be the effect of a 500 increase intaxes once all the rounds of the multiplier process are complete?
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