Elucidate rate most likely would be your income tax rate

Assignment Help Business Economics

Reference no: EM1345046

Q. Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20% in income taxes. Elucidate rate most likely would be your income tax rate?

Q. Assume the following behavioral equations for a macroeconomy:

C = 100 + .9Yd , I = 50, T = 100 and G = 40

Calculate the equilibrium level of output.

Reference no: EM1345046

Questions Cloud

Floating exchange rate regime : Assume that the U.S. Congress imposes an raise in taxes. Under the floating exchange rate regime, carefully illustrate and describe the process that will generate a new goods market

Make a profit from triangular arbitrage : Show how you can make a profit from triangular arbitrage and what your profit would be if you have $1,000,000.

Find the wavelength for a sound wave : Boat A negotiates a curve whose radius is 363m. Boat B negotiates a curve whose radius is 110m. Each boat experiences the similar centripetal acceleration. What is the ratio of speed of boat A to that of boat B.

What is the velocity of the cart : A 95-{rm m}-long train begins uniform acceleration from rest. The front of the train has a speed of 25 {rm m/s} when it passes a railway worker who is standing 120m from where the front of the train started. What would be the speed of last car as ..

Elucidate rate most likely would be your income tax rate : Your friend makes half of your salary and pays 20% in income taxes. Elucidate rate most likely would be your income tax rate.

What is the net force on vine : A vertical scale on a spring balance reads from 0 to 175. The scale has a length of 12 from the 0 to 175 reading. A fish hanging from the bottom of the spring oscillates vertically at a frequency of 2.8.

Describe what gain is recognized in the accounting : Describe what gain is recognized in the accounting year January 1 to December 31, 2010? Each contract is on 1000 barrels of oil.

Find the drift speed of the electrons in the wire : If a ball is thrown upwards at 20 ft/sec, the height h after t seconds is given by h = -16t^2 + 20t. How many seconds does it take for the ball to reach its greatest height, and what is this height.

What is the gravitational force on satellite : Take the gravitational constant to be = 6.67×10^-11 Nm^2/kg, the mass of the earth to be = 5.97×10^24 kg, and the radius of the Earth to be = 6.38×10^6 m.

User Account

All Pages