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At a taxable income of $50,000 Mari's income tax is $10,500. When her taxable income rises to $55,000 her income tax is $11,750. Based on this information, what is Mari's marginal tax rate?
(i) What is nominal GDP in 2015? (ii) What is nominal GDP in 2016? (iii) What is real GDP in 2015, using 2016 as the base year? (iv) What has been the percentage change in nominal GDP between 2015 and 2016?
How does higher savings lead to a higher standard of living? What might a deter a policy maker from trying to raise the rate of saving?
As in the case of oligopoly markets, rivals may select to compete aggressively, non-aggressively or in non-price dimensions.
Illustrate what happens if the government is trying to stimulate the economy with their spending, but this leads to a greater output than projected.
Indicate which of the following are true of the CPI and the GDP deflator.
Consider a small country that exports steel. Suppose that a "pro-trade" government decides to subsidize the export of steel by paying a certain amount for each ton sold abroad. How does this export subsidy affect the domestic price of steel
Security is of utmost importance for businesses. The implementation of security procedures for both wired and wireless devices and use of firewalls are two ways that businesses combat internal and external security threats.
Focus on unemployment as consequence of this recession apply economic theory to the topic (explaining the economics in the issue), include economically logical conclusions, and excel at predicting future economic trends
In the context of a Keynesian open-economy income model for a country, carefully explain the impact of each of the following autonomous events upon equilibrium income in the country and upon the country’s current account balance: (a) an increase in d..
What are the major challenges Australia faces in enhancing its growth rates. Comment on its growth rates over the period of last ten years
Assume that a company maximizes its total profits and has a marginal cost. Find the price at which the firm sells the product.
You will write a 2-3-page paper providing at least 1 example of how government has overstepped biblical principles in some form of economic policy.
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