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Illustrates the key terms of excise tax?
Terms of excise tax:
a. Tax incidence
• Who bears the load of the tax?
b. Excess burden or Deadweight loss
• Taxes inflict additional costs, over and above the money really paid in taxes, into the form of inefficiencies, that occur since the tax discourages equally beneficial transactions
c. Tax revenue = Area of Wedge as by height and width
Why is it unusual for yields on longer term notes to be lower than yields on shorter term notes? 2pts b) Why would any investor buy the 2 year note (instead of the 1 year) given it
Jane receives utility from days spent travelling on vacation domestically(D) and days
Reasons for International Trade?
indifference curve and budget line
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Five identical people live in a small town and can earn a living either by having cattle $100 or by becoming a singer. If one person competes their expected payment is 210, if two
The availability of credit and hire purchase facility tends to push up the demand for consumer durables. In India for consumer durables lie Refrigerators television scooters etc, h
how to solve the credit multplier
sources of oligopory
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