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Consider the Roback model. City A raises corporate tax rate and lowers income tax rate at the same time. What does the Roback model imply about equilibrium before-tax wage and rent for the city? Justify your answer with a diagram. (You will not be able to calculate specific numerical answers. Focus on general directions. Clearly label all curves and axes.)
Illustrate what real rate of return will you earn if the inflation rate.
Make a monthly sales forecast for the firm for 2001. Why would the managers of the Chemical Company want monthly sales forecasts of this kind.
Another word for standard of living is output per person. How has China raised its output per person in the last two decades? Are these methods applicable to the United States?
What is the Todaro paradox? When tenant inputs are unobservable (or unverifiable), what kind of tenancy is the most efficient one (in perspective of the social planner)? Why is sharecropping tenancy so common
Explain. Problems and Applications a. Dutch pension funds holding U.S. government bonds b. U.S. manufacturing industries c. Australian tourists planning a trip to the United States d. an American firm trying to purchase property overseas
Each of the ten families on a suburban block is likely to have its own power lawn mower. Why don't families more often share a single lawn mower? Try to enumerate the principle transaction costs that stand in the way of such a cooperative arrangem..
In 250-500 words, describe the strategies used to increase insurance and care for those in the poverty sector. Utilize the following articles along with other relevant peer-review articles:
Draw a indifference curve and degree of substition betweem goods: When the two goods are imperfect substitudes for each other, and assuming diminshing marginal rate of substitution.
Compute and display net weekly pay, which is calculated as hours times rate, minus the percentage of the gross pay that is withholding. Save the file as NetPay.cpp.
initally, the number of tools per worker was higher in Hermes than in Gobbiedigook. From 2015 to 2065, capital per worker rises by one unit in each country. the one- unit change in capital per worker causes prodactivity in Hermes to rise by a amon..
how much of an environmental resource it should use. Develop a simple graphical model that shows this quantity fully explaining what both the marginal benefit and marginal cost curves mean, and fully explaining conditions for maximizing net benefi..
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have.
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