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(a) Recommend some U.S. fiscal policy change in taxes, and explain why that change would be good for most firms and good for the U.S. economy. (b) Recommend some U.S. fiscal policy change in government spending or transfers, and explain why that change would be good for most firms and good for the U.S. economy. (c) Would it be an economic efficiency improvement to limit government in the United States to laissez-faire policies? Briefly discuss.
The market value of a bond will always approach its par value as its maturity date approaches, provided the bond's required return remains constant.
Discuss how health can be classified as a “consumption” good as well as an “investment” good?
In general. People who are more productive earn higher incomes and thus pay higher taxes. How would a change in the immigration laws that favored more highly educated and skilled individuals affect the future tax burden of today’s American college st..
If 150 million workers produced America's GDP in 2010, according to the "World View" above, how much output did the average worker produce?
What is the value proposition that Apple Pay offers consumers? How about merchants? What are some of the limitations of Apple Pay that might prevent its widespread adoption? What advantages do the Square and Paypal mobile card swipping solutions have..
Show that for 3k/4 > f > k/4 a monopolist would provide products at both end points but the efficient solution is for a single product. Explain why the monopolist has excessive incentives to introduce the second product.
An asset is purchased for $20,000. If it has a useful life of 10 years and salvage value of $5000. a) Use the DB and DDB methods to determine: the depreciation charges and book values for years 2, 4, 9, 10. b) What is the implied salvage value for th..
The Belford family owens a farm near San Angelo, Texas. Three alternatives exist for how to use the farm: a.) Grow cotton. Cotton yield would be 500 pounds per acre. The price of cotton is $0.96 per pound and production expenses are $ 285 per acre.
Complete a one page answer to question below. Include ideas on productivity and savings rates. What changes took place during the Industrial Revolution that made sustained economic growth possible? Your answer should be concise and double-spaced. If ..
A person should consume more of something when its marginal A. cost equals its marginal benefit. B. benefit is still positive. C. cost exceeds its marginal benefit. D. benefit exceeds its marginal cost
What is the definition of "First Best", "Second Best", etc. in contract theory? Especially, what is the difference between "First Best" in contract theory and "ex-post efficient" in mechanism design?
Briefly analyze in terms of supply and demand the effects upon the given market of the following events. Are these changes a shift in the demand curve, a shift in the supply curve, a movement along the demand curve, or a movement along the supply cur..
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