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1- American corporations attempt to reduce their effective tax rates by setting up shop in foreign tax havens. Aside from the cost to the U.S. Treasury in lost revenue, what other economic consequences are there for the United States from this activity? 2- What is the opportunity cost of a corporation using its own money to develop a new device that will cut the cost of refining crude oil into gasoline by 50%? 3- Is there an opportunity cost to the United States of avoiding expenditures for public works projects such as new roads, repairing infrastructure, constructing new schools, airports and so on so that the federal budget can be balanced? What is that cost(s)? 4- what is the biggest economic problem facing the United States today? How would you suggest that we as a country address the problem? Be specific using the tools you have learned in this class.
Economic factors: gross domestic product (GDP), inflation, interest rates, unemployment - Elasticity of demand
Explain the advantages and disadvantages of international trade. Some possible areas to use are comparative advantage, gains from trade, and trade restrictions.
Stabilization Policy- Graph an AD/AS model with sticky wages. Show graphically and explain with words how the U.S. government with the help of the Federal Reserve could decrease taxes while keeping the economy at full employment without causing infla..
What is quantitative easing. Hasn't the Fed already tried quantitative easing. When. What were the results. Discuss the method of quantitative easing used by the Federal Reserve during the most recent U.S. recession, including any criticisms of th..
If markets are perfectly competitive and production of a good results in water pollution, the imposition of a tax on the good will:
Briefly describe the economic problem you have selected. Assess the impact the problem poses to society. Design an economic policy solution to the problem.
gabys rate of return to years of education follows the following equationr 0.5 - 0.07s 0.01awhere is her the rate of
On their way to their chosen resturant, they see that the Mexican and French resturants are closed, so they use a Borda count again to decide between the remaining two restaurants. Where do they decide to go now?
The Marginal product of labor in production process is statistically estimated as MPL=10(K/L)^0.5 Currently the process is using 100 units of K and 121 units of L
suppose the consumption function isc 400 billion 0.8y and the government wants to stimulate the economy. by how much
a manufacturer is considering purchasing equipment, which will have the following financial effects: Year Disbursements Receipts If money is worth 6%, should he invest in the equipment?
An estimate of the physician’s marginal product rises up to 25 hours and then slowly falls to zero at 110 and thereafter negative. Graph both the marginal and total products of labor based on this information.
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