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a. Construct a numerical example to show that the exclusion of municipal bond interest from income taxation is equivalent to a government subsidy of state and local capital spending.
b. Explain why it costs the government (taxpayers) more to subsidize this activity through the exclusion of municipal bond interest than it would be to simply give the subsidy directly.
directly to patients, who then would be free to choose their health care providers. Whether or not you agree, can you give an economic rationale for this approach to governmental health care funding?
What factors might these types of stores have in common behind their declines.
Compute point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points.
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart.
q1. explain why each of the following statements are false. for each write the correct statement.a. a monopolist
Explain the three main topics that macroeconomics is concerned with. Explain the major critics of how unemployment is measured. Explain how consumption and savings are correlated. Please explain the causality of one variable on the other (use a graph..
What is allocative efficiency using the benchmark model?
Also identify and discuss the flows that are created when Government enters the circular flow.
Illustrate a form of financial instruments through which corporations and governments borrow money from financial investors and promise to repay with interest.
q1. suppose that two economies initially have the same level of real income and both suffer unanticipated declines in
q1. suppose a competitive firm that is profit maximizing pays a wage of 750 per week and the price of its output is 15.
Elucidate why haven't the changes to campaign finance laws passed in 2002 been effective in stopping the flow of soft money
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