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Suppose the government raises its revenue by a net tax of 25% on income, t = 0.25, the marginal propensity to consume out of disposable income is 0.8, and the government has an outstanding public debt of 1,500. The autonomous expenditure is (C0 + I0) is 600 and government expenditure is 400. What is the debt to GDP ratio?
Given the information, what is the equation for Jar Jar's budget line? Assume that Jar Jar spends all of his income on coconuts and/or fish. Graph this budget line with coconuts on the x-axis and fish on the y-axis. Label this budget line BL1.
explain how the us government managed to accumulate a debt of over 14 trillion. to whom does it owe this debt? is the
However, after the cost of the acts, he still loses money on the weekends. What is his marginal revenue and marginal cost of a patron on weekends and how should he attempt to fix his unprofitability problem?
(i) Calculate the estimated amount of corporate income tax that KM is due to payfor the year ended 31 March 2011. (ii) Calculate the income tax expense charged to the statement ofcomprehensive income for the year ended 31 March 2011.
What name is given to the process by which a company analyzes another company's product to identify desirable improvements in its own product?
At the end of 2002, the (1-year) interest rate was 1% in the U.S., and 26% in Argentina. Recall that at the same time, the spot rate for the Argentine currency was Peso 4.00/$.
Now calculate the percent change in the GDP price deflator (P) during this 1973 - 1975 recession.
Give a brief summary of the GDP trends over that timeframe and discuss two or three events which may have caused these trends.
If the government starts welfare policy which pays B to all non workers and 0 to all workers, at what value of B will Mike opt out of the labor force and go on welfare?
What would happen to markets if the government instituted prices controls such as floor or ceiling? How does a Christian worldview influence these motivations?
Find out the optimal weekly output and price of this firm. Find out the weekly profit from the production and sale of this product.
What happened to those revenues over those years? Given constant tax rates, what do the changes in tax revenues suggest about changes in the shape of the Laffer Curve?
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