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As far as Bill is concerned, what are the present values of the project's benefits and costs? If the city choose between the subway project and the legal services project, which should it select? "
Again, thinking in terms of marginal propensity to consume, under what circumstances would your tax proposal increase total consumption spending?
Consider three products: all types of food, all dairy products, and 2% milk. If a tax were to be imposed on one of these items, for which item would the tax be the most efficient?
A monopolist has the following demand equation: Q=200-2P. Its marginal cost function is MC=10+2Q. Calculate the tax incidence of the buyers and the monopolist.
The cost of pollution (in billions of dollars) originating in the paper industry is. At this level of pollution, what is the marginal cost of pollution?
If the substitution effect were defined as in part d, how would you define "the income effect" in order to get a complete analysis of how a person responds to a price change.
An increase in an effective minimum wage will a) increase the number of people looking for work and decreases unemployment.
Is your explanation consistent with the fact franchised tutoring services often charge a fixed royalty per student enrolled?
The required reserve ratio is 10%. How great an open market purchase or sale of securities should the central bank undertake to restore the original interest rate i.e. what is the values of purchase
The public debt from $2,000 billion to $2,200 billion by year's end. During year 1 the price level rises by 10 percent. What is the "real" deficit in year 1.
Business spending and how much consumer spending takes place. Which of the following is something that would include in consumer spending.
If households receive $88 billion in wages, $24 billion in rent, and $34 billion in interest, how much are households paid for providing entrepreneurial ability?
Suppose that the terms of trade of a nation improved from 100 to 110 over a given period of time. By how much did the terms of trade of its trade partner deteriorate?
What is the book value of the equipment? If Jones sells the equipment today for $180,000 and its tax rate is 35%, what is the after-tax cash flow from selling it?
Would a Big Mac in Europe become more or less expensive? Why? If purchasing power parity doesn't hold, does an American tourist in Europe pay more or less for a Big Mac? Why?
Describe a recent foreign purchase. Do you think it is better to source from overseas or should tariffs be in place to protect American industries? Why or why not?
A=250,000, and p1=0(ie. The incentives are phased out) (a) Find the equation of the new demand curve for Chevrolets. (b) if Pc is 10,000, find the value of Qc.
In light of this chapter's descussions of teams and compensation, give several reasons why you would not expert to see employee-owned firms surviving.
The merger does not present antitrust concerns even though the two firms each enjoy a 15 percent share of the U.S. market. Provide an outline of your report.
Do you think the national debt is/will be a burden to future generations?Discuss both sides of the issue.Explain why you agree with one side of the issue more than the other. According to RATEX, can
Which of the following government policies would NOT help reduce the pressure on public finances? offer financial incentives to increase the birthrate.
At the same time, the cost of milking equipment rises. Carefully analyze the probable effects on the market equilibrium quantity and price of milk.
We purchased 100 share of AT&T four months ago for $68 a share. a) How much was our daily capital gain (loss) Tuesday?
According to the article's author and the experts she quotes, when the president and others call on citizens to conserve gasoline to avoid potential shortages, what can be the paradoxical result?
What type of market structure is the auto industry? Has consumer surplus been affected in any way due to the changes in the auto industry structure, and if so, how?