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What describes a tax that is assessed according to benifits received principle? a.) Thosew who recieve direct payment of the money tha tax generates are the people who pay the tax b.) Those who pay the tax recieve the benifits the tax provides. c.)One group recieves benefits from the tax but another group pays the tax. d.)All groups recieve benifits from the tax but not all groups pay it.
Describe an adverse selection problem your company is facing. What is the source of the asymmetric information. Who is the less informed party. What transactions are not being consummated as a result of the information. Could you (or do you) u..
Suzy is considering opening a restaurant. To do so, she would have to quit her current job which pays $20,000 a year and use her own car which she currently leases out to her brother for $2,000 a year.Her expenses at the restaurant would be $60,000..
Compute the intercept of the budget line on the "movie ticket" axis. c. Compute the intercept of the budget line on the "DVD rental" axis. d. Find the slope of the budget line when movie tickets are on the vertical axis and DVD rentals are on the hor..
Explain how the Central Bank can set the nominal interest rate in the money market. In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.
Elucidate is the fiscal policy expansionary or contractionary.
Illustrate what are some obstacles to successful international economic policy coordination in terms of current global economic and political policies and their impact on business decisions.
Growth of India and China - China and India are often referred to as two of the fastest growing countries. Compare their recent growth rates to the U.S. growth rate.
A medium sized bakery has just opened in Slovakia. A loaf of bread is currently selling for fourteen koruna over and above the cost of intermediate goods
Suppose that the average prices of refrigerators have fallen over the past few years, yet the refrigerator companies have offered more and more of them for sale. Does this mean that the supply curve for refrigerators is downward sloping?
They have the same saving rate, the same depreciation rate, the same population growth rate, and the same rate of technological progress. Both countries are described by the Solow model and are in their steady states. What would you predict for t..
Two company face a demand equation given by: P=200,000-6(q1+q2) where q1 and q2 are the outputs of the two firms. The total cost equations for the two company's are given by:
Four mutually exclusive projects are being considered for a new two-mile jogging track. The life of the track is expected to be 80 years, and the sponsoring agency's MARR is 12 percent per year. Annual benefits to the public have been estimated by..
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