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Medicare recipients pay a monthly premium for coverage, must meet an annual deductible, and have a co-payment for doctors' office visits. What impact would an increase in the monthly premium have on their consumer surplus? What would be the impact of a reduction in co-payments?
A major industrialized state has a state corporate tax rate of 9.6% of taxable income. If a corporation has a state taxable income of $150,000, what is the total state and federal income tax it must pay? Also, compute its combined incremental state a..
you are given the following equation for the real demand for money mpd .25y - 50 ra. compute the demand for money
First, find GDP numbers for the U.S. China, India, and Turkey - Find the level of consumption spending in the U.S. economy
In the book Total Money Makeover, Dave Ramsey states that the best thing one can do to gain financial freedom is to get out of debt.
A risk adverse individual has to choose among $100 with certainty and a risky option with two equally likely outcomes, $100-x and $100+x. Use graph or math to show that this person's risk smaller, the smaller x is (the less variable the gamble is
Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run.
A salesperson can put in regular effort (resulting in a 40% chance of sale) or high effort (60% chance of sale). If high effort costs the salesperson $20 more than regular effort, how large of a per-sale bonus is needed to encourage high effort?
What role do you think price levels play on consumption and AD? What would be the effects of increased saving and decreased consumption on the aggregate demand?
The director of a theater company in a small college town is considering changing the way he prices tickets. He has hired an economic consulting firm to estimate the demand for tickets.
How do these things affect the U.S market of foreign-currency exchange and on net capital outflow (NCO): A tax reform that imposes higher capital gains tax to Americans involved in offshore banking?
Create graphs and tables to illustrate costs and revenues for firms in different market structures
is stability in the general level of prices through time important? why or why not? should price stability be the goal
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