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A number of people have argued for a flat tax with each person getting a personal exemption of, say, $10,000, meaning that they pay zero tax on the first $10,000 of income and then 20% on all income above that. Is such a flat tax progressive, proportional, or regressive? Offer an example to demonstrate your answer.
Explain the relationship between one's beliefs about whether the minimum jobs program presented in the chapter actually solves the unemployment problem and one's normative view of responsibility for unemployment.
What is the amount A in actual dollars equivalent to A’ = $1,000 in constant dollars? Please provide step by step detail
Consider two bonds, bond A and bond B. Bond A has a face value of $1000, matures in one year and sells for $950. Bond B has a face value $1000, matures in one year, pays 6 percent per year and sells for $940. All work must be shown a. Explain how the..
1. What are the growth promoting policies prescribed by neoclassical models? 2. What are the growth promoting policies prescribed by new growth models? Give me the good explanation.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
Utilizing the standard IS/LM model, elucidate how the scope of monetary policy to change real economic activity in the short run depends on the private sector reaction to interest rate changes.
A small monopoly manufacturer of widgets has a constant marginal cost of $10. The demand for this firm's widgets is Q = 105 - 1P. Given the above information, calculate the social cost of this firm's monopoly power.
In what ways does the Krugman model of trade differ from the Heckscher-Ohlin model of trade? In what ways does the Linder theory of trade differ from the Heckscher-Ohlin model of trade?
The outcome in that market will not be very different than if it were a perfectly competitive industry." Explain if he is correct and how you would respond to his reasoning.
What do you imagine about the interest on payday loans is too high or just right.
What are the advantages of E-Commerce? Name all the specific cyber issues that have necessitated new laws? Explain what the term “spontaneous order” means? Name all of the factors that, according to Lawrence Lessig, govern both real space and cybersp..
Elucidate in writing to what market your derivation brings equilibrium and how it accomplishes this. What are the principal differences between flexible and fixed exchange systems.
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