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If gasoline taxes were significantly increased in the United States, then A. other taxes, such as income taxes, could be lowered. B. some of the government regulations that require automakers to produce more fuel-efficient cars would become unnecessary. C. it is likely that roads would become safer and the environment would become cleaner. D. All of the above are correct.
Suppose that the economy is initially in a steady state and that some of the nation's capital stock is destroyed because of a natural disaster or a war. Please plot what happens to capital per worker and output per worker over time as a result of the..
Evaluate how effective the Federal Trade Commission (FTC) has been in protecting consumer privacy and targeting deceptive and unfair trade practices on the Internet. Support your opinion with specifics.
Assume that a nation’s marginal propensity to consume is 0.9, and that its potential GDP exceeds its actual real GDP by $5000. By how much should that nations’ government change taxes in order to completely close that GDP gap?
The value of the action The cost of the action The difference between the benefit and the cost of the action
q1. jeremy derives all of his utility from consuming milk shakes he devotes hi entire 20 allowance to milk shakes each
How would you balance the goals of economic growth and environmental sustainability? To what extent are these goals necessarily in conflict? Which specific policies do you think are of greatest inmportance in promoting environmentally sustainable dev..
What would you say are the advantages and disadvantages of electronic communication? For example, hardly anyone faxes any more, we email. Do you feel texting is the next evolution for business communication? Or, is there something else? How do you ta..
A one year zero-coupon municipal bond interest rate equals the afer tax rate of a 1 year zero-coupon US Treasury Security (USTS.) The interest rate on a USTS is i = 0.1. The capital gains tax rate on the USTS is r = 0.1. What is the municipal bond in..
Identify and discuss risks that you may face during a semester as a student. Classify such risks into three groups, i.e., risks that insurance contracts generally exist to help you manage them, risks that some type of government or social policy exis..
Mary leaves her job as network administrator to start her own consulting business. In her old job, she was paid $80,000 per year. In her first year, her consulting business had revenue of $100,000 with just $30,000 in expenses. What is the firm’s tot..
You supervise an aging production line that constantly needs maintenance and new parts. Last month you spent $25,000 replacing a failed controller. Should the following plan be accepted if the interest rate is 15%. The net installed cost of the new l..
Analyze the dynamics of supply and demand to anticipate market equilibrium. Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies
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