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(a) Compare and contrast the benefits-received principle of taxation to the ability-to-pay principle of taxation.
(b) Should sales and excise taxes be eliminated? Explain.
(c) Should the U.S. corporate profits tax be eliminated? Explain.
Assume which Sweden also Portugal both produce oil also stained glass. Sweden's opportunity cost of producing a pane of stained glass is 8 barrels of oil.
Suppose that you are trying to determine the after effects of hurricane Katrina on the economy of Louisiana. Which assumptions could be made to simplify the study? Consider the effects on all of Louisiana’s interstate trade partners. Determine the ef..
Defend the following terms using graphs or equations to illustrate your answers wherever feasible a. Portfolio feasible set, efficient portfolio, efficient frontier b. Indifference curve, optimal portfolio c. Capital Asset Pricing Model (CAPM) Capita..
Suppose you borrowed $10,000 at an interest rate of 12%, compounded quarterly over 36 months. At the end of the first year (after 4 payments), you want to negotiate with the bank to pay off the remainder of the loan in 4 equal semi-annual payments. W..
However, during nonwinter months tourism drops dramatically and travelers have no problem securing rental car reservations. Determine the optimal pricing strategy, and explain why it is the best pricing strategy.
Take a position on this statement: The media represent realistic images of Arabs. Support your views with one or two reasons and / or examples. (Cite any sources you referenced.) take a position on this statement: The media represent realistic images..
Currently I can put $.25 (or $.50 or $1, depending upon the bar) in a juke box and get 2 1⁄2 minutes of noise. From the perspective of maximizing aggregate social welfare, should I also be able to buy 2 1⁄2 minutes of quiet for the same price? Explai..
Explain how much he finishes up paying each provider every month. Explain how much customer extra he obtains with each provider.
Elucidate the entities affected by industrial regulation in terms of market structure. Explain why industrial regulation affects those entities you identified.
A local video store estimates its average customer’s demand per year is Q = 7 − 2P, and it knows the marginal cost of each rental is $0.5. How much should the store charge for an annual membership in order to extract the entire consumer surplus via a..
Offering health insurance by employers as a fringe-benefit reduces the problem of adverse selection.Too little insurance means that people bear a lot of risk, too much insurance means that people will take inadequate care. A limited warranty is a sig..
Calico Computing is a firm that sells software integration and infrastructure packages to schools and universities. Georgia Redding is an inside sales representative with Calico Computing. As an inside sales representative, her sales presentations ar..
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