Slope of the new budget equation

Assignment Help Other Subject
Reference no: EM133232215

Suppose that a budget equation is given by p1x1 + p2x2 = m. The gov- ernment decides to impose a lump-sum tax of u, a quantity tax on good 1 of t, and a quantity subsidy on good 2 of s. What should be the new budget equation? What's the slope of the new budget equation?

Reference no: EM133232215

Questions Cloud

Reading level necessary to succeed in a training program : Explain how you would determine if employees had the reading level necessary to succeed in a training program?
Explain social ecological model : 1. please describe whether the Social Ecological Model or the Theory of Planned Behavior provides the most effective way to explain and improve health-related b
Simplified version of the grossman model : Suppose utility is U(Ht,Zt) = Zt ×Ht. The production function for health is Ht = Mt + Ht-1 and production for the home good is Zt = Jt (Hint: Notice these are n
Explain different types of payers : The healthcare system has been continually evolving in the United States, and change is the only constant. Nevertheless, distinctions remain between different t
Slope of the new budget equation : Suppose that a budget equation is given by p1x1 + p2x2 = m. The gov- ernment decides to impose a lump-sum tax of u, a quantity tax on good 1 of t, and a quantit
Explain disregard salary increases and interest : All public employees pay 2% of their annual income to the pension fund. This is money you gradually get back as a pensioner. Ole has an annual income of NOK 700
Episode focusing on interpersonal relationships : For this assignment, a film or tv show/episode focusing on interpersonal relationships. After watching this film or tv show/episode, you will analyze and critiq
How do economists explain human behavior through studies : How do economists explain human behavior through their studies?
Discuss a significant demographic trend : Name and discuss a significant demographic trend and discuss the effect that it might have on employment law in the future.

Reviews

Write a Review

Other Subject Questions & Answers

  Explain which type of sampling was used

Explain which type of sampling was used. Note the sample size. Provide information on the data collection procedure(s) and operationalization of variables.

  How your name is shaped by the social world around you

Sociology is interested in better understanding the social contexts of our social lives. Much of what we experience in life is impacted by the culture.

  Explain role of human resources in healthcare organizations

MGMT402- Evaluate and explain the role of human resources in healthcare organizations. Discuss how human resources functions in healthcare organizations benefit healthcare organizations and the individuals they employ

  How have innovations in technology affected your life

How have innovations in technology affected your life and the way you do business?

  How they approach their stories

How they approach their stories. Do they have a structure that they use if so describe it ( ie. Do they do human profiles, do they quote sources, do they use statistics, quotes, facts, outside experts etc.

  Provide a list of the homologies used to support membership

Provide two examples of such groupings and provide a list of the homologies used to support each group membership.

  How will you handle the given segment of the reporting cycle

A complete set of financial statements includes an accompanying set of notes. How will you handle this segment of the reporting cycle?

  Does theory inform nurse practitioner practice

Is nursing theory important to the? nursing profession? In particular, is it important for nurse practitioners? Does theory inform nurse practitioner practice?

  What role does information technology play in business

Describe your team's ideal system and Data and People (inputs, outputs and who uses the system or would be impacted by the system)

  Release of the dsm-5

Can someone help me with an explanation of one ethical and one legal responsibility related to the release of the DSM-5 as well as help me explain at least one anticipated change in the DSM-IV-TR?

  What qualitative data did the authors choose to evaluate

What qualitative data did the authors choose to evaluate? What additional information about clients? experience would have been valuable.

  Complete a hazard checklist using the classroom facility

BSBWHS401 Implement and monitor WHS policies, procedures and programs to meet legislative requirements. Complete a Hazard Checklist using the classroom facility/building as a simulated workplace environment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd