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Question: 1. Explain why most people's marginal tax rate is higher than their average tax rate. Is a system in which average tax rates are higher than marginal tax rates regressive, proportional, or progressive?
2. A challenger presidential candidate vows to cut entitlement spending by 20 percent in the first few weeks that he is in office. Why is it unlikely the candidate could achieve this reduction?
Solve for the optimal y Max U = E(rc)- ½ Aσc2 = rf + y[E(rp)-rf] - ½ Ay2 σp2
What is the role of models in economic analysis? How can it be determined if the assumptions underlying the design of an economic model are overly simplified.
What are some examples of effective control practices and how do they help address budgetary challenges?
What are the potential barriers to effective strategic planning in the health care environment?
Describe briefly the determinants of income levels and economic growth according to the models and frameworks discussed in class.
Discuss productive efficiency and locative efficiency in the long run between the Perfect competitive Structure and the Monopolistic Competitive Structure
Suppose that you own a car wash and that its total cost function is: C= 20 + 2Q + .3Q^2, where C = total cost (in dollars) per hour and Q is the number of cars washed per hour. You receive 5 dollars for each car washed. What is the optimal number of ..
Imagine bank makes same five loans as in part a., but must charge all borrowers the same interest rate. What interest rate will it charge to break even overall?
Which of the following would NOT be considered a public good? Chris buys pizza for his football party and he gets to decide who will have a slice of his pizza. This means his pizza is __________
Find three salary-probability of dismissal combinations that would yield shirking costs of $60,000 for the average worker over his (her) work life expectancy.
Assume the supply of plain white tee shirts is perfectly elastic, but demand has the usual downward sloping shape.
if the u.s dollar were to appreciate substantially what steps could a domestic manufacture like cummins engine co. of
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