Reference no: EM132313006
1. What is double dividend effect?
2. Consider two possible tax schemes on natural resources. One levies fixed fee per production amount (for example, per barrel for oil and per tones for iron ore) while the other levies fixed percentage on total revenue. Which one is better in terms of flexibility and why?
3. Does income taxation satisfy horizontal equity? If it is, why? Or if it isn't, why?
4. If we want to maximize the tax revenue while minimizing the reduction of quantity traded in a competitive market, should we use unit tax or ad valorem tax?
5. In an editorial titled "Truth and Lies About Medicare," the New York Times discussed the financing of the Affordable Care Act of 2010, and stated: "And a further chunk [of revenue] will come from fees or taxes imposed on drug makers, device makers and insurers-fees that they can surely afford since expanded coverage for the uninsured will increase their markets and their revenues."
a. Consider a firm that has a monopoly on the production of a particular medical device. A tax of 10 percent is levied on the sales of the firm. What is the editorial implicitly assuming about the incidence of this tax?
b. Assume that the firm has standard linear average revenue and marginal revenue curves, and produces with constant and positive marginal cost. I want to prove that the firms profits and the price paid by consumers of medical devices before and after the tax is imposed. How?
c. By part b, the editorial writer did not understand how to think about the incidence of a tax. I want to know about the error.
Discuss therapeutic interactions and communication
: NURS3002 Inquiry for Complex Care Assignment - Analytical Paper, Curtin University, Australia, discuss therapeutic interactions and communication
|
Explain and synthesize the potential impacts
: How do you explain and synthesize the potential impacts on the US economy tied to these austerity measures including sectors of the economy that would be affect
|
Principles of control-reflect on three principles relayed
: The Three Principles of Control and reflect on three principles relayed. From your research, what new information could be added to one of the three principles
|
When looking at the challenges of economic growth
: When looking at the challenges of economic growth, you will find that we are focused on how to have the economy grow without an increasing amount of debt
|
What is double dividend effect
: Consider two possible tax schemes on natural resources. One levies fixed fee per production amount (for example, per barrel for oil and per tones for iron ore)
|
Will a production possibility curve expand outward more
: Will a production possibility curve expand outward more if the country prefer more consumer goods than capital goods, after 10 years?
|
Estimate the demand curve for product
: A firm will likely not have an accurate demand curve for their product (such as logp=5.50-0.82logQ) on hand
|
Describe how these cuts will benefit patient care
: Describe how these revenue or reimbursement systems benefit patient care or the business systems. Provide at least 2 references that reinforce the strategies
|
Deficit spending during great recession
: Deficit Spending During Great Recession, like any economic downturns, as unemployment rises, aggregate income declines causing major decline in tax collections.
|