+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
A per unit tax on the unimproved value of land results in zero deadweight loss since the:
a.supply of land is perfectly elastic
b.supply of land is perfectly inealtic
c. deamnd of land is perfectly inelastic
d.demand of land is perfectly elastic
Microeconomics, Economics
Question: Assume real GDP is $9,000 billion, and disposable income is $6,000 billion. The government cuts personal income taxes by 1% of DI (i.e., $60 billion). As a result, interest rates rise by 2/3%. Assume transfer p ...
Question: An investor buys a coupon bond and holds it for exactly one year and then sells it in a secondary market prior to maturity. The investor buys it for $4,000, sells it one year later for $4,300 and receives a cou ...
Question: Write a report that includes the following: • 1 brief historical background of the issue/organization/agreement • 2 explanation of why some support this issue/organization/agreement (be specific - who/which gro ...
Question: Use the spreadsheet on Ricardian equivalence with three periods and assume that - the government spendings are 100, 150 and 150; - households' salary is 300 in each period. Also assume that households preper sm ...
Question: The U.S. legal system generally requires that each party to a civil dispute be responsible for its own legal fees. In England the loser pays the winner's legal fees as well as its own. Do you expect to see more ...
Question: Suppose that there is an urgent need for new school buildings and teachers that emerged after hurricane Harvey in Houston, Texas. Answer the following questions about grants. a. Explain why a block grant, in co ...
Question: Human and social services professionals are both consumers and producers of research. While having a thorough understanding of the meaning of research for professional practice is essential, it is also importan ...
Question: According to legislation as of late 2002, the death tax (estate tax) is supposed to be fully phased out by the year 2010, but then reinstated at a maximum 55% rate in 2011. In terms of the LCH, how would these ...
Question: Using a supply-and-demand graph and assuming competitive markets, show and explain the effect on equilibrium price and quantity of the following: A technological change that reduces the cost of producing X-rays ...
Question: As noted earlier in this chapter, IBM fell on hard times during the 1980s and ultimately abandoned its no-layoffs policy in the 1990s, while also taking other cost-cutting initiatives. Its "Hundred Percent Club ...
Start excelling in your Courses, Get help with Assignment Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.
Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As