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The mining industry has been a major driver of economic growth in Australia in the recent decade and currently accounts for 5 per cent of Australia's GDP. On July 1, 2012 Australia introduced the Minerals Resource Rent Tax (MRRT), which is a tax on profits generated from mining of iron ore and coal. The tax of 30%, levied on the "super profits" from the mining, is to be payed by any mining company with annual profits of $75 million or above. Given the decline in iron ore prices and a slowdown of Chinese economy, what would be the impact of MRRT on the Australian iron ore industry? In your answer, please comment on the structure of the industry, the type of regulation used, factors affecting the industry and state your opinion.
Representatives were to logroll (trade votes) to get their preferred policy to pass, what would be the result. What are the total benefits from each project.
The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.
Calculate the purchasing power parity exchange rate between the Swiss franc and the dollar. Based on your calculation, is the SF overvalued or undervalued.
For the industry you have chosen, discuss how price moves from today to the future.
The United Nation's Department of Economic and Social Affairs, Population Division, tracks the total number of foreign-born people by nation.
If the returns of the risky portfolio are normally distributed, what is the probability of returns being less than 29%.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
If MMM's capital structure consists of 25% debt and 75% equity, stated in total funds, what is the WACC break point that is associated with retained earnings
Calculate the firm's optimal output and profits if prices rise to $65 per unit and also calculate equilibrium output, price and profit levels if the firm is typical in its industry.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
If the marginal cost of planting and harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest.
Solve for equilibrium real output and also solve for the equilibrium interest rate.
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