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Q. What do you meant by Progressive Tax?
Progressive Tax:Tax is considered progressive if a larger proportionate share of its total burden falls on individual'swith higher average incomes.
Microeconomics, Economics
Question: a) Suppose the uncovered interest parity condition holds, and that the domestic interest rate is lower than the foreign interest rate. What does this imply about the current versus future expected currency valu ...
Question: A risk averse person with a von-Neumann-Morgenstern utility index of: U = ln(Y) has a 20% chance that a disaster will reduce her regular income of $100,000 to zero. She can buy insurance at a rate of $0.40 per ...
Question: The term liberalism, when applied to governments, is very different from the term liberal in America. Where liberalism implies a limited government, here in the United States a liberal is not usually seen as su ...
Question: It costs a company $35,000 to produce 700 graphing calculators. The company's cost will be $35,070 if it produces an additional graphing calculator. The company is currently producing 700 graphing calculators. ...
Question: Pop-O Popcorn, Inc. sells bags of flavored gourmet popcorn in a popular mall. As shop owner and operator, Cara estimates the demand for flavored popcorn to be: Q 1,500- 50P +4A, where A denotes advertising week ...
Question: Many studies have shown that our sensory detection abilities decline as we grow older. Discuss the implications of the absolute threshold for marketers attempting to appeal to the elderly. The response must be ...
Question: Despite airport precautions, X hijacked an airplane in Chicago and forced the pilot, crew, and passengers to fly to New York. Upon reaching New York, X shot the pilot before giving up and surrendering to the Ne ...
Question: How does having effective performance methodologies allow a firm to adequately measure economic performance? What is the role of an effective transfer pricing methodology in allowing effective performance measu ...
Question: Suppose the full-employment level of real GDP is increasing at a rate of 3% per period and the money supply is growing at a 4% rate. What will happen to the long-run inflation rate, assuming constant velocity? ...
Question: Set up a Ricardo-type comparative advantage numerical example with two countries and two goods. Distinguish "absolute advantage" from "comparative advantage" in the context of your example. Then select an inter ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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