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why do economists place so much emphasis on the difference between average taxes and marginal tax rates under what
there have been proposals to allow firms interest on the losses they carry forward on their tax returns from one year
insurance policies often are a combination of a savings program and life insurance the individual pays the company say
the adoption of a consumption tax would have a significant effect on the market value of certain assets which assets
if the income elasticity of demand for education is 1 what will be the effect on expenditures on education of a small
many matching grant programs specify that the federal government matches on a dollar-for-dollar basis local
concern about fungibility of funds-of states not using money in the way intended-has led congress in some instances to
many of the issues of state and local taxation are similar to issues that arise in international contexts many
consider a two-period model in which oil still in inelastic supply can be used either this period or next period in
assume that the supply of oil is inelastic what is the effect of a tax by all countries on oil does it reduce oil
throughout the text we have emphasized how different government actions affect various groups in the population
assume the government sells some of the land it currently rents out for grazing should the revenues received be
why does the way government achieves deficit reduction make a difference for economic growtha assuming that the
many cities have passed rent control legislation discuss carefully who benefits and loses from such legislation in the
using the data in exhibit 11 compute national income ni by making the required subtraction from gdp explain why ni
1 explain the interdependence of banks and railroads and what effect it had on economic development2 explain why
say that a certain stadium for professional football has 70000 seats what is the shape of the supply curve for tickets
answer the following questionsa what is the difference between self-interest and selfishnessb why does inaction have
in the 1940s dr melvin page conducted a national campaign to stop people other than infants from drinking milk
do any of the following statements involve fallacies if so which ones do they involvea because sitting in the back of
a firm produces candles the market for candles is highly competitive with candlescurrently selling for 10 the firms
what are the three basic economic questions how are decisions made differently in a market economy than in planned
imagine that you are trying to decide whether to cross a street without using the designated crosswalk at the traffic
economy a produces more capital goods and fewer consumer goods than economy b which economy will grow more rapidly draw