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Question 1:
i) What is a public good? Discuss how the free rider problem might be a problem in the provision of a public good.
ii) What do we mean by ‘‘market failure''? Explain the different types of market failures that may arise in an economy.
Question 2:
i) How will you identify a good tax system?
ii) Describe the different components in the budgetary process of the Mauritian Government. How will you justify the present budget deficit?
Suppose a central bank decides to increase m by 2.8%. What will be the medium run effects of this on g yt , u t and π t ?
Tax Credit for the Elderly and Disabled - Taxpayers age 65 or older or those under 65 who are retired with permanent and total disability are entitled to claim a credit to decrease
need tax help requiring tax forms
Dawn's new car has a FMV of $20,000 and it weighs 3,000 pounds. The county also assessed a property tax on the car. The tax was 2% of its FMV and $10 per hundred weight. The car is
Rubric Item #12(b) -- Margaret''s Own Interest in Father''s Trust
The XYZ Corporation has total earnings of $20 million and decides to pay its stockholders a dividend of $8 million. If the corporate tax rate is 30% and the personal tax rate on in
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A company issues 15-year, $1,000 par-value bonds, with a coupon rate of 5%. The bonds are sold for $619.70. The tax rate is 30%. Compute the cost of debt before taxes and after tax
Roberta Santos, age 41, is single and lives at 120 Sanborne Avenue, Springfield, IL 60781. Her Social Security number is 123-45-6789. Roberta has been divorced from her former husb
FOR THE RELEVANT INCOME YEAR, EILL STANNOS BE REGARDED AS A RESIDENT OR NON- RESIDENT
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