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Q1. "At equilibrium price an item is selling for $30 a unit. At this price, consumers demand 100 units. If government imposes an ad valorem tax of 5% the equilibium quantity demanded and supplied will fall to 90 units and the price will rise to $31. How much of the tax is backward shifted
Q2. Credit-scoring is defined broadly as the use of historical data and statistical techniques rank the attractiveness potential borrower and guide lending dictions.
Q3. What are some methods for improving the financing of the U.S. health care system? Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
Trace out exactly where this 100 increase in income goes in the second round and compare to our simpler treatment with a closed economy and lump sum taxes.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
The manager of a large automobile dealership who wants to learn more about the effectiveness of various discounts offered to customers over the past 14 months
Budget line showing the various combinations of scores on the two exams that she can achieve with a total of 400 minutes of studying.
Calculate the price elasticity of demand for Newton's Donuts
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
Suppose that these cost figures accurately refl ect the economic costs of providing inpatient services at these two hospitals and that the two hospitals face the same average total cost curve.
Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue.
Calculate price, quantity and social surplus for the initial state and each policy.
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