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How might increasing payroll tax rates affect young individuals' decisions about investing in their human capital by pursuing higher education as opposed to just investing in capital, like, you know, financial investments and stocks and bonds and such.
The mean number of mall stores visited by a customer is 4.9 and the variance is 1.9. A new promotion increases the number of stores visited by 2. Calculate the variance of the number of stores visited with the promotion? Use the laws of expected valu..
Discuss the International Health Economics Association (iHEA). Who are the associated member supporters? What services does it provide?
Inflation impacts the before- and after-tax analysis. In performing analysis, it is important to understand how inflation impacts the world economies. When inflation occurs, we are able not able to buy as much and our future dollars hold less value t..
Suppose the government does not know the level of the marginal damages, but that the neighbors themselves can effectively petition the government to impose a Pigouvian tax of any size after a failed negotiation. What if the government has access to a..
The law of diminishing marginal product (or returns) states that:
Mitchell Bancorp is considering making a loan at 3% interest (c/a) to Sohn Co to buy a machine tool worth $300 million. The tool has no salvage value and is depreciated over 3 years by sum-of-years digits. In this state, Sohn Co pays 50% tax. Assume ..
Suppose there is an increase in the immigration to the US from around the world (ie. No specific country). Show graphically how this affects the growth rate of both output per capita and total output in the short and the long run. Chart the time path..
Discuss how discrimination affects efficiency within organisations, with special emphasis on LGBT issues. Also discuss why we might observe discrimination, given the efficiency implications highlighted in the literature.
1. How does the theory of the firm differ from short-term profit maximization? Why is the former superior to the latter? 2. What effect would each of the following have on the value of the firm? explain.
An electronics firm invested $60,000 in a precision inspection device. It cost $4000 to operate and maintain in the first year and $3000 in each of the subsequent years. At the end of 4 years, the firm changed their inspection procedure, eliminating ..
The aggregate demand curve or schedule shows the relationship between the total demand for output and the: A. Income level B. Interest rate C. Price level D. Real GDP.
Assume that the newspaper can't differentiate students from teachers and can only charge a fixed price per article.
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