How you believe our tax dollars fund the economy

Assignment Help Microeconomics
Reference no: EM13800090

1. do economists really believe in rational self-interested behavior? Or is that just an easy model that helps to explain the world? Why or why not?

2. Can you help explain more how you believe our tax dollars fund the economy? Can you provide a reference?

3. What monopoly power do you think that these wealth holders use? How do they distort the markets like a monopoly?

4. How would "one buyer have a monopoly?" Did you mean to say "supplier?"please explain.

Reference no: EM13800090

Questions Cloud

Write paper about difference between good and bad marketing : Write a paper about the article "difference between good and bad marketing"
Causes and consequences of family violence : Causes and Consequences of Family Violence
Explain the implications of the risks and techniques : Explain the implications of the risks and techniques on critical infrastructure sectors. Describe how humans and computers can protect against the risks and techniques.
Problem based on testing probability issues : What are the degrees of freedom and the value of t ? Using α=0.05 for a two-tailed test, is this t statistic significant?
How you believe our tax dollars fund the economy : Can you help explain more how you believe our tax dollars fund the economy?
Develop a catchy slogan to describe your business : develop a catchy slogan to describe your business. Share your slogan with your classmates and critique the slogans presented by two of your classmates.
Discuss one of the stages of the criminal trial : From the first e-Activity, select one of the stages of the criminal trial. Discuss two of the procedures that you believe comprise the most important stage in the criminal process. Provide a rationale for your response.
Why an explanatory research method is superior : Explain the circumstances when a quasi-experimental design would be preferable to a between-subjects design, but also discuss why an explanatory research method is superior to a predictive method
Effective intercultural communication : Effective Intercultural Communication

Reviews

Write a Review

Microeconomics Questions & Answers

  Provide a complete account-monetary policy

Provide a complete account of how the bank of Canada conducts its monetary policy. Also, describe thoroughly the transmission of Canada's monetary policy - the process by which changes in the bank of Canada policy interest rate and money supply work ..

  Describe why government regulation is or is not needed

explain why government regulation is or is not needed citing the major reasons for government involvement in a market

  How long or short should a mission and vision statement be

What factors need to be considered to produce an appropriatemission statement and vision statement for the organization How long or short should a mission and vision statement be

  Discuss the hicksian and slutskian approach

Discuss the hicksian and slutskian approach to consumer behavior where there is change in price of one good given two goods

  Wy is concept of elasticity important what does it tell

why is the concept of elasticity important? what does it tell economists? tell whether you would classify automobile

  Explain how to respond specialized technological development

First, identify and describe the three basic questions that all economies must answer. Write a thorough paragraph for each of the three basic questions and be sure to explain how any of these questions relate to demand, scarcity, technology, the d..

  Stages of business developmentthere are several different

stages of business developmentthere are several different models of business development that entrepreneurs can utilize

  What economic and societal factors affect demand and

you are a member of a presidential commission appointed to consider a mandatory national health insurance plan and the

  Factors that cause decrease in demand and supply

Discuss three aproaches used in measuring national income - What are the factors that cause decrease in demand and supply.

  Evaluate the validity of the claim

Politicians who support the green movement often argue that it is profitable for firms to pursue a strategy that is "environmentally friendly" (for example, by building factories that do not pollute and are not noisy), because workers will be will..

  What rate of return would be earned on the mine

A mine is for sale for $450,000. It is believed the mine will produce a profit of $100,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the mine will be worthless. What rate of return would ..

  What types of intangible capital

Familiar and identify the types of tangible capital in use. What causes changes in physical capital stock? What types of intangible capital do you think are in use?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd