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Q. There are several possible methods for determining the pay of CEOs in large corporations. Using the 3 methods listed below; list the advantages also disadvantages of every method. Then choose one method as the best also explain why it is the preferred method: (1) Marketplace determination of pay through provide also demand (2) Maximum cap on CEO pay set by national legislation also (3) Pay set by board of directors based on survey of comparable corporations.

Q. Assume your town decides to levy a tax to raise funds for construction, maintenance also other expenses for local schools. Should the tax be proportional, progressive or regressive?

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Business Economics, Economics

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