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Question: Imagine that you recently traveled to another country and noticed that the prices on products were the same prices you paid at checkout. That is, no sales tax was added to the purchase price at the checkout, as it is in the United States. Research and present at least five pros and five cons of value added taxes. Conclude your video describing who benefits from the implementation of value added taxes.
At the end of your video provide a one minute reflection as to what you learned from doing this activity. Create your video in MP4 format using the recording application of your choice and post the video in the Discussion Area.
jasmines snack shop sells two brands of potato chips. she produces them by buying them from a wholesale supplier. brand
Calculate the accounting profit or loss as well as the economic profit or loss in each of the following situations:
A paper mill discharges gunk that causes damage of $200 to the fishermen's business. The pollution damage can be eliminated in one of two ways: the mill can install a filter at cost $300 or fishermen can install a water treatment plant at cost..
When measuring costs, it is important to keep in mind of one of the Ten Principles of Economics: The cost of something is what you give up to get it.
Show in a graph how a subsidy paid to soybean farmers affects the consumer surplus and the producer surplus from soybeans.
From the scenario for Katrina's Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrinas Candies specifically.
2.suppose you have just been appointed to a high level position in the economic analysis unit of the state department.
what is the difference between contractionary and expansionary fiscal policies? which is more appropriate today?
Econ 348: Natural Resource and Energy Economics Problem. Calculate the project's NPV using the XNPV formula (calculates NPV that includes dates of actual costs)
Find out the optimal crude oil allocation in the preceding example if the profit associated with fiber were cut in half, that is, fell to $0.375 per square foot.
He tells the staff, "Our costs are currently $150,000 more than our revenues each month. I propose to eliminate this problem by raising the price of the magazine to $3.00 per issue. This will result in our revenue being exactly equal to our cost."..
Suppose that the inflation rate is 5%, the rate of growth of nominalGDP is 8%, then what is the rate of growth of real GDP? Could you explain this in a mathematical way?
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