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Assume that raising the marginal income tax rate raises $200B which could be spent on infrastructure projects. Explain how would we measure the cost of the project to determine whether it is worth undertaking?
Business Economics, Economics
Consider the labor market of the telecom industry is originally at an equilibrium level E0 and w0. Assume that now the companies offer each employee an iPhone as employment benefit every year. The firms can get iPhone at ...
Consider the following estimated regression model relating annual salary to years of education and work experience. Estimated Salary=11,756.80+2723.3(Education)+1092.64(Experience) Suppose an employee with 11 years of ed ...
In the course of producing its output, this firm causes pollution. The government passes a law that requires the firm to stop polluting, and the firm discovers that it can prevent the pollution by hiring 0.2 workers for ...
When comparing monopolization to monopolistic competition in the wireless telecommunications world, what are some good differences to touch on in a short paper?
On the ballot, Illinois voters had the option to select "yes" or "No" when asked if the state's minimum wage should be increased from $8.25 to $10 an hour by January 1, 2015. Before the actual voting date, a survey with ...
A Wall Street Journal article noted that a study by U.S. Congressional Budget Office "estimated raising the minimum wage to $10.10 per hour reduced U.S employment by 500,000 but lift 900,000 Americans out of poverty ". a ...
What are the implications of outsourcing key public responsibilities to global corporations for the Australian state and society?
Suppose the market demand and market supply curves are given by the following equations: QD = 120 - 10P QS = 20P a. Draw a figure of supply and demand representing this market. Be sure to label the axes and intercepts. ( ...
Elasticity question Please show work very elementary I'm having a hard time understanding. Find e=dq/dp*p/q at profit maximizing given the following: Qd = 12 - 4p TC = 8-12q + 3q^2
During a certain week the mean price of gasoline was $2.719 a gallon. A ronadom sample of 32 stations is drwn. What is the probability that the mean price was between $2.695 and $2.716. Assume o=$0.048.
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