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Suppose total tax revenue collected is proportional to output, e.g. (T = tY, where t is the tax rate, and Y is GDP). Owing to the positive IS shock, what happens to total tax revenue collected?
The more progressive the tax system, the: The portion of the public debt owed to foreigners does not represent any real economic burden to Americans because we received money from foreigners when we incurred the debt. The so-called "recognition lag"..
Are there circumstances in which it might be possible that deficits could increase productivity and long-run growth?
Explain the link between factor productivity and variable costs. Use the example of labour productivity to illustrate the following:
the instructions concerning this assignment as well as the grading rubric are reproduced below. in 2009 the american
In view of the interest in transcontinental mergers and acquisitions deals, discuss how you would deal with the issue of distance
What was the strategy for forum non conveniens being used to shift this case to India's judicial system? (In Re Union Carbide Corp. Gas Plant Disaster at Bhopal
Transparency International's Corruption Perceptions Index (CPI) is a comparative assessment of a country's integrity performance. Provide a brief analysis (not a description) of this index and its ranking using concepts from the readings and lectures..
Elasticity question Please show work very elementary I'm having a hard time understanding.
Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?
Briefly explain the different types of Unemployment? What is relationship between inflation and unemployment? A country has 245.9 million of working-age population, out of which 155.5 million are in labor force. From total labor force, 144.2 million ..
A consumer has preferences for apples (A) and Oranges (Or) given by the utility function U(A,Or) = log(A) / 2 + log(Or) where log() is the natural logarithm function. The Marginal Utility for A is 1/2A and the marginal utility for Or is 1/Or. What i..
A tsunami in Japan disrupts the production of Japanese-made cars. What is the impact on the market for new cars.
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