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What is public finance?
A. Explain the philosophy of public finance.b. Contrast governmental accounting with nongovernmental accounting.c. Explain the relationship between budgeting and financial reporting in government.
Construct a graph showing the outputs, and prices before and after the corrective taxes were imposed.
Now assume that these outputs comprise all of GDP. Keeping 1992 as the base year, Elucidate the GDP deflator for 1993.
Using the tools of analysis developed in this course, demonstrate that removing the subsidy will make consumers worse off but will nevertheless improve society economic welfare.
As the number receiving the bonus vary from year to year due to the state of the economy.
Show the new utility maximizing bundle of gasoline and all other goods. What is the slope of the new budget line? What is the consumer's new MRS of all other goods for gasoline?
What is likely to happen to the number of gliders sold if Emerson follows company policy and raises the glider price to that calculated in part b?
Describe the productivity change for every category also then determine the improvement for labor-hours, the typical standard for comparison.
Illustrate in the graph below the deadweight loss (DWL) that would result if this monopolist were allowed to operate as a profit maximizing firm without regulation.
Describe the effects a 15 percent price increase would have on the demand for the product.
Using indifference curve analysis, explain and show graphically the effects of higher gasoline prices on:
A corporation among $7 million in yearly taxable income is considering two alternatives
Find out an article which is related to health economics from health journal. Some possible sources include Health Affairs
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