Why do income inequalities exist? Why does a high rate of income mobility alleviate income inequality? Why must all income equal spending in the economy? Why don't modern societies simply pass a law that requires that everybody has the same income? Why are there disparities in cost of ...
Why does a tax on a product that has a negative externality help get the market closer to the social optimum? How does the tax change the behavior of the consumer or producer? Why does "government failure" happen? Why is there no economic profit for perfectly competitive firms in th...
Why does a firm perform certain functions internally and others through the market? Explain why a monopolistically competitive firm can experience economic profits in the short run but not the long run. Why do income disparities exist? Why do organizations need trade unions?
Some experts suppose that when a country is already rich, any additional increase in economic wealth does not make its citizens happier. To what extent do you agree or disagree? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least...
What does lowering taxes do to the economy? 7 As you would expect, lowering taxesraises disposable income, allowing the consumer to spend additional sums, thereby increasing GNP. Reducing taxes thus pushes out the aggregate demand curve as consumers demand more goods and services with their higher...
How does the CPI affect the economy and consumers? The CPI serves as a crucial tool for policymakers, financial markets, businesses, and consumers. By keeping a close eye on it, they can assess the state of the economy and make well-informed decisions. Inflation affects the purchasing power ...
Emini futures are taxed at an attractive tax rate – a “blended” rate of 60% of your (lower) long-term capital gains rate + 40% of your (higher) ordinary income tax rate. For most traders, this equates to a rate of between 19% and 22%. The actual tax rate you pay will depen...
Explain theoretically why does the numerical value of the multiplier fall when an income tax is added to the income-expenditure model? Why should the optimal linear tax rate always be below the maximizing revenue tax rate? Explain why an increase in the wage rate for autoworkers will generate ...
You can start the process of establishing a power of attorney by locating a lawyer who specializes in family or estate law in your state. Legal services offices that are staffed with credentialed attorneys exist in virtually every part of the United States if attorney fees are more than you ...
What Does an RIA Firm Do? An RIA firm gives investment advice to clients. All RIA firms must abide by theirfiduciary dutyat all times. Registering as an RIA requires an advisor to reveal investment styles and strategies, total client assets under management, fee structures, any earlier discipli...