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What are the principal sources of government revenues in developing countries? Why are many taxes so difficult to collect? Discuss. In what ways do you think taxation and expenditure systems in developing countries could be improved? Be specific.
Calculate measured employment and unemployment and the measured labor force for each economy. Calculate the measured unemployment rate and participation rate for each economy. In which economy is measured GDP higher?
Assume the following values for figure 5.4a and 5.4b. Q1=20 bags. Q2=15 bags. Q3=27 bags. The markets equilibrium price is $45 per bag. The prices at a is $85 per bag. The price at c is $5 per bag.
The Kinked demand curve in an oligoolistic market is represented by the following: P = 100- Q and P = 120-2*Q The oligopoly firms have constant marginal costs at MC = 40 What is the profit maximizing price and level of output
To the equation in part (v), add an interaction between electric and educ . Is its co- efficient statistically significant? What happens to the coefficient on electric ?
Acme Water is a privately owned firm that is sole supplier of water to a rural town in Pennsylvania. The owner of company has provided the manager of firm an incentive to maximize company's profits,
What is the marginal propensity to consume(MPC)- the amount of additional consumption expenditure from an additional dollar's personal disposable income?
The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, explain how int..
There are two firms that engage with a Cournot competition with the inverse demand curve given by P=1000-5Q. Suppose the two firms have constant marginal costs $5 and $10. a). Write down the profit function for each firmb). Firm 2 produces 10 units, ..
Bob and Bill are college students. They are trying to decide what to do over the next summer. Bob's father has suggested that they both come and work at his plastics manufacturing company where each will earn $3,600 over the summer.
From part (ii) of Computer Exercise C9, it is clear that e401kis not exogenous in a simple regression model; at a minimum, it changes by income and age. Estimate a multiple linear regression model
Suppose insurance companies have access to the results of genetic tests and they require all customers to get the test. How will the insurance company change its price of X insurance?
What are the contents of the Plan Part
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