Subsidies require tax revenue

Assignment Help Business Economics
Reference no: EM132021695

Rather than generating tax revenue as do tariffs, subsidies require tax revenue. Therefore, they are not an effective protective device for the home economy. Do you agree?

Reference no: EM132021695

Questions Cloud

Determine the appropriateness of a particular development : ICT393 : an employee of a consulting firm called Innovative Solutions that specialises in systems analysis, design, and development services.
Classical view of macroeconomics : During the Great Depression, output fell by 40% and unemployment hovered at 25%. According to the classical view of macroeconomics, what should
Firm operating cash flows is probably reduced : The variability of a firm's operating cash flows is probably reduced by international diversification of its production, sourcing,
We are studying aggregate demand and aggregate supply : We are studying Aggregate Demand and Aggregate Supply, I need help with the below.
Subsidies require tax revenue : Rather than generating tax revenue as do tariffs, subsidies require tax revenue.
Appropriately reflected in the required return of the bonds : Assume that five years later the inflation premium is only 3 percent and is appropriately reflected in the required return (or yield to maturity) of the bonds.
Boost of energy from energyshot : What effect an advertising campaign touting how "the boost of energy from Energyshot will last the whole day!", will impact these lesser developed countries.
Analyze the structure of the equity proposal : Analyze the structure of the equity proposal. If you were Greg and John, would you accept this offer as it stands?
Market for factors of production or the market : Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services.

Reviews

Write a Review

Business Economics Questions & Answers

  What are the profit maximizing prices and output levels

Assuming that the Hawaiian Sea Salt Company is able to charge different prices in the two markets, what are the profit maximizing prices and output levels for sea salt in the two markets?

  Construct a single income-leisure

Steve Slacker is age 25, has an MBA degree, but is not working. Instead he is living at a major ski area, using the $2,000 per week he gets from his wealthy family. Construct a single income-leisure choice graph to show Steve’s situation before and a..

  What are the main arguments against having such a tax

What are the main arguments based on social efficiency that support having an estate tax similar to the U.S. tax before 2002? What are the main arguments against having such a tax?

  Government introduces a subsidy on firms sales

Suppose the government introduces a subsidy on firms’ sales (e.g. for every $1 of output sold, firms receive an additional 5 cents from the government). Keeping everything else constant, what do you expect to happen according to the frictionless labo..

  Mechanical tomato harvester on the farm labor market

Consider the invention and adoption of the mechanical tomato harvester on the farm labor market. Illustrate the expected impact of the invention of the mechanical tomato harvester on the farm labor equilibrium when farmers believed that the end of th..

  Qillustrate the effect on the marketplace for a hr of

q.illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born

  Steep demand curve indicates prices can increase quickly

Because a steep demand curve indicates prices can increase quickly when the quantity demanded rises only a little bit, steep demand curves represent goods that are very elastic. When price controls are implemented, one group wins at the expense of th..

  Disruptions in computer systems

1. Cyber-attacks could affect our business. 2. Disruptions in our computer systems could adversely impact our business. 3. We could be liable if third party equipment recommended and installed by us, i.e. smart home controllers, fails to provide ad..

  Super neutrality and changes in money growth

“Super Neutrality” and Changes in Money Growth in the RBC Macro Model. Consider the basic flexible-price, market-clearing model (which satisfies the Classical Dichotomy) in which r and Y are constant as long as there are no shocks to preferences or t..

  Significant costs associated with inflation

Other economists think that there are significant costs associated with inflation above 2-3%. What are they? Briefly discuss

  Find the 60th percentile

A bank's loan officer rates applicants for credit the rating are normally distributed with a mean f 200 and a standard deviation of 50 find the 60th percentile

  Production of any good or service

Briefly explain whether you agree with the following argument: "Unfortunately, Bolivia does not have a comparative advantage with respect to the United States in the production of any good or service."

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