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What are the main causes for the recent trends in union membership rates in the United States? Why are union rates lower in the United States?
Calculate the average tax rate and marginal tax rate that Larry pays and that Suzy pays. Is this income tax fair? Explain.
Calculate the marginal tax rates for bakers, gas pump attendants, and copy shop workers. Is this tax progressive or regressive?
Draw a graph to show the effects of the $3 tax on the buyer's price, the seller's price, the quantity of cigarettes bought and the tax revenue.
Explain the effect of this tax cut on the price of gasoline and the quantity bought if, at the same time, a global shortage of oil sends the price up.
What determines by how much Starbucks will raise its price? How will the quantity of coffee bought in coffee shops change? Will this tax raise much revenue?
Explain how programs such as TANF, EITC, SNAP, and Medicaid will affect low-income individuals and whether or not you think these programs will benefit families
Explain how you would create a government program that would give an incentive for labor to increase hours and keep labor from falling into the poverty trap.
Why is there reluctance on the part of some in the United States to redistribute income so that greater equality can be achieved?
Additionally you analyze data to assess changes in Fiscal and Monetary Policy and their impact on economic performance.
Now assume that the Fed lowers the reserve requirement to 8%. 1. What is the maximum amount of new loans that this bank can make?
Assuming the Federal Reserve chooses to shrink the money supply, explain how each of the three tools would be used.
What does the money supply consist of and what are the respective amounts in the total money supply for the United States?
Question 1: What is the role of the Federal Reserve Bank (the Fed)? Question 2: What are the Fed's goals and targets?
Describe this population with a histogram and with numerical summaries. In particular, what is the mean GPA in the population? This is a parameter.
Why is the margin of sampling error larger for Hispanics than for all 3092 respondents?
Will the variability of the sample proportion change from state to state if an SRS of 1/10 of 1% (0.001) of the state's population is taken in each state?
Why should the money be used for a tax cut, or should it be spent on programs for education, the environment, health care, crime-?ghting and military defense?
Question: What is the largest component of national income for most countries?
Using the following data, prove that pollution permits that can be bought and sold can reduce pollution from 12 units to 6 units
What factors determine a country's productivity levels? What could a president or other government policymaker do to increase a nation's standard of living?
By describing and then adopting the main features of the neoclassical supply of labor, explain how these two factors may be related.
How does the quota affect the efficiency of resource allocation in the United States? Why do you think Congress is supportive of this policy?
Suppose that a very high tariff were placed on steel imported into the United States. How would that affect employment in the U.S. auto industry?
Why do American households and businesses buy things from foreigners? What are the characteristics of the items we buy from foreigners?