Microeconomics

Suppose the marginal product of labor equals 1/L. If the wage is 1 per unit of labor, what is the ...

Started by geodog55

Define tax expenditures. What are the costs and benefits to using tax expenditures for social policy ...

Started by leilurhhh

Trade barriers should be removed to promote the welfare of the country. This is a(n) A) positive ...

Started by erika

List five theoretical economic reasons why federalism might be desirable. What will be an ideal ...

Started by sarasara

A rightward shift of the demand curve will lead to a(n) A) increase in equilibrium price. B) ...

Started by clmills979

What are the benefits of intergovernmental competition? Do those benefits disappear if the mobility ...

Started by ss2343

Government mandated safety standard within firms A) will always decrease efficiency. B) can ...

Started by daltonest1984

While taxing inelastic goods minimizes social costs from taxation, it frequently conflicts with ...

Started by viki

Consolidation or cooperation frequently occurs in the public sector. Give some reasons why local ...

Started by olgavictoria

Diminishing marginal returns lead to diminishing returns A) when marginal returns fall but remain ...

Started by luminitza

Explain the difference between general grants and categorical grants. Under what circumstance will ...

Started by stephzh

When an imported good has restrictions are placed on it that limits the amount that can be imported ...

Started by jjjetplane

The significance of the corporate income tax as a percentage of federal revenues has _____. a. ...

Started by torybrooks

Money spent on lobbying to eliminate the estate tax is not a cost of the tax system. a. True b. ...

Started by lak

An externality is_____. a. an unintended by-product of market exchange that is allocated outside ...

Started by bio_gurl

Which of the following sets of outcomes is exhaustive? A) win, lose, tie B) employed full-time, ...

Started by tth

Social Security is an earmarked tax. a. True b. False[br][br][b][color=black]Question ...

Started by jrubin

An unintended byproduct of a market exchange that is allocated outside the market system is _____. ...

Started by segrsyd

In Coase's confectioner and doctor example, what was the externality? a. The doctor building his ...

Started by darbym82

In the long run, firms in a competitive market A) shut down because profit goes to zero. B) lose ...

Started by cnetterville

Suppose automobile salesmen are required to pay a 1000 tax per car sold. Is it likely that the ...

Started by Bernana

If the top personal tax rate is higher than the top corporate rate, high income taxpayers have an ...

Started by Coya19@aol.com

What makes a tax efficient? Describe the efficiency properties of a lump sum tax. Under what ...

Started by imanialler

Dividends are paid by corporations out of _____ leading to _____. a. pre-tax income; dividends ...

Started by nramada

Best guesses of an event occurring in the future are based on A) estimates derived from the ...

Started by arivle123