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A revenue service announces that it will only audit income declarations below a critical level Y. If you had an income in excess of Y, what level of income would you announce? Once declarations are made, will the revenue service act according to its announced auditing plans?
Articles must come from reliable, peer reviewed sources like what you would find on jstor. Sources, such as Wikipedia, blogs and personal websites are not appropriate sources .
The national highway traffic safety administration.raised the average fuel efficiency standard to 35.5 miles per gallon for cars and light trucks by the year 2016. The rules will cost consumers an average of $434 extra per vehicle in the 2012 mode..
Josh Ritchey has just been hired as a cost engineer by a large airlines company. Josh's first idea is to quit giving complimentary cocktails, wine, and beer to the international flying public. He calculates this will save 5,000,000 drinks
What are the implications of these results for a policymaker who wants to assess the costs of a recession?
Consider a Cobb-Douglas production function with three inputs, K is the capital(number of machines), L is labor (nuber of workers) and H is human capital (the number of college degrees among workers) The production fucntion isY=K1/3 L1/3 H1/3
Determine if the company has introduced new products in existing markets or created new markets over time. What is the impact on its finances?
A heavily indebted government may end up in a vicious circle, where increasing debt leads to higher interest rates and lower growth, which increases debt even faster with subsequent even higher interest rates and lower growth etc.
If these countries had wanted to prevent a change in their external debt, what would have been the appropriate policy response, and what would be the drawbacks?
The monopolist's demand function is P = $405 - $5Q, its average cost function is AVC = $20+$0.5Q, and its fixed costs are $6,000 per hour. Calculate the monopolist's profit maximization output, price and its hourly profit.
Consumer surveys indicate that 40% of newspaper readers read automobile ads and 5% of those who read the ads actually purchase automobiles. On the other hand, 50% of magazine readers read automobile ads but only 3% of those.
Once again, assume Cournot competition in an industry in which market demand is described by P = 260 - 2Q and in which each firm has a marginal cost of 20. However, instead of two firms, let there now be four. a. What is the one-period Nash equilibri..
Does this information provide compelling evidence that the February 1 daily high temperatures in Juneau, Alaska, follow a normal distribution? Explain.
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