What are non-tax sources of public revenue?

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A: Income Consumption 60000 47000 70000 54000

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A:

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A: Human capital is the knowledge, and skills possessed by a worker. Human capital makes workers more…

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Q: What was Finland's Universal Basic Income Experiment?

A: Universal Basic Income Universal Basic Income (UBI) is a social security program run by the…

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A: a) Utility's functions  plot for decision maker A is represented as:

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Q: The numbers provided are in millions of dollars and reflect market values: Cash T-Bills 30 days…

A: The figures given reflect market values and are expressed in millions of dollars.

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A: Business should always understand the demand in the market and create value accordingly. This value…

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A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

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A: Monopoly market is a structure where there are many buyers but single sellers. The seller sells a…

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A: Equilibrium is where demand curve intersects supply curve  Demand curve is the downward sloping…

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Q: In the following simultaneous-move game, what is player 1's maximin strategy? Player 2 OL OR OU OD…

A: Maximin strategy refers to the best possible course of action. In this sort of strategy, the player…

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A: In a market, there are numerous factors that affect demand or supply of a good, which further lead…

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Q: Name and describe two different ways the government takes in money (revenue).

A: The two different ways the government takes in money i.e. revenue is - Income tax Corporation tax

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A: A subgame perfect Nash equilibrium is equilibrium such that players' strategies constitute a Nash…

Q: Suppose that a rise in income from P60,000 to P70,000 leads to an increase in consumption from…

A:

Q: The factory manager is considering the following two quotes from two vendors for purchace are all in…

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Q: 1. Why we should be prioritize the Gender Equality?

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Cobb–Douglas. Assume the firm has a generalized Cobb–Douglas technology y=θ∙x1α∙x2β,where0<α,β &…

A:

Q: Quantity TC 200 12345 a. Complete the table below 6 660 TVC 100 240 AFC 24 ATC MC 20 160 AVC

A: Question-4) The fixed costs will not vary with volume of production while the variable costs will…

Q: Was this a result of a change in supply or quantity supply? Was this change an increase or a…

A: Change in quantity supplied is when there is change in supply due to change in price.  The change in…

Q: By diagram explanations of Monopolistic competition market structure, the long run equilibirium…

A:

Q: how many workers are not in the labor force

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Q: If Ginna spends her entire budget, she could buy a chosen set of groceries and also buy 10…

A: The budget represents the upper limit of the opportunity set, or all possible combinations of…

Q: How will each of the following scenarios impact the market for money The central bank conducts an…

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Q: 10 points C eBook Print References answer two questions about externalities. Price ($) Price ($) 20…

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Q: Assume a closed economy in which disposable income starts at 1,000 and increases by 500; consumption…

A: Consumption function is the sum of autonomous consumption and consumption dependent on Income of…

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Q: Bank of Rigel holds $654 million of assets and $579 million of habilities. Then, the net worth…

A: Given information: Bank of Rigel holds $654 million of assets and $579 million of liabilities.…

Q: Problem 1 The following problems require the use of the blank graph below. Make sure that you are…

A: Government can put taxes for negative externalities and subsidies for positive externalities. Also,…

Q: 53. The side of the market with the relatively higher elasticity will face more of the tax burden.…

A: Elasticity measures the change in quantity due to change in price.  The higher Elasticity shows that…

Q: The demand for a commodity is given by Q = β0 + β1P + u, where Q denotes quantity, P denotes price,…

A: Given information Demand function Q = β0 + β1P + u Supply function Q = g0 + g1P + v u and v both…