1. Why do you suppose that economists often use data on currency use to estimate the overall size of the underground economy?
2. Does the failure of media reports to take into account redistribution programs make the U.S. income distribution look more or less equal than it actually is following redistributions? Explain briefly.
Distribution The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Why do you suppose that economists commonly refer to the elimination of all disability payments from people able to work part-time as a \"tax\" imposed on a disabled individual who is willing and able to earn part-time wage...
1. Why do you suppose that even many city, county, and state governments have reduced the hours that part-time employees work to fewer than 30 hours per week? 2. Why do you suppose that a private firm with 49 full-time employees that does not currently offer its employees health insurance plans has...
1. Why do you suppose that nations with higher degrees of measured distrust of strangers tend to observe lower rates of economic growth, other things being equal? 2. Who benefits from the exclusion of skilled foreign workers? 3. Why do you suppose that the Japanese government is contemplating a...
The Fanta Company presents you with the following account balances taken from its December 31, 2007 adjusted trial balance:Inventory, January 1, 2007 ............. $ 43,000Selling expenses ................. 35,000Extraordinary gain (pretax) ............ 23,000Purchases ......................
13.21 A 10-kg cylindrical collar is released from rest in the position shown and drops onto the spring which has a free length of 2 m and a modulus of 300 N/m. Determine (a) the maximum speed of the collar, (b) the maximum contraction of the spring. F(N)
Does It Make Sense? For Exercises, determine whether the statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain clearly. Not all of these statements have definitive answers, so your explanation is more important than your chosen answer. I selected three...
The Onenote Co. produces a single product at three plants for four customers. The three plants will produce 60, 80, and 40 units, respectively, during the next time period. The firm has made a commitment to sell 40 units to customer 1, 60 units to customer 2, and at least 20 units to customer 3....
Sherina Smith (Social Security number 785-23-9873) lives at 536 West Lapham Street, Milwaukee, WI 53204, and is self-employed for 2018. She estimates her required annual estimated tax payment for 2018 to be $8,336. She had a $417 overpayment of last year’s taxes, which she will apply against her...
1. Some critics of the Emissions Trading System have called on EU governments to rescind a large fraction of the carbon emissions permits that they created when the system was first established. How would such an action, which would reduce the supply of these permits, affect the market clearing...
Assume that a 1.00-kg ball is thrown solely by the action of the forearm, which rotates about the elbow joint under the action of the triceps muscle, Fig. 8-45. The ball is accelerated uniformly from rest to 10.0m/s in 0.350s, at which point it is released. Calculate (a) The angular acceleration of...