The city of Johnstown decides to build a new stadium to attract a basketball team from the city of Rosendale. One economic advisor suggests that the stadium should be financed by a 2-year sales tax of 10%, while another advisor suggests that the stadium should be financed with a 20-year sales tax of 1%. Assume the interest rate is zero. Which approach will yield a more efficient outcome? Why?
considering two sites, one located in a...... ... higher in the well-to-do neighborhood than in the low-income neighborhood. The residents of the poor neighborhood strongly prefer that the plant be built in the well-to-do neighborhood. In the...
his eyeglasses and...... ... different prescriptions, with the left lens having a power of +5.0 diopters and the right lens having a power of +2.0 diopters. (a) Which lens should he use as the objective? (b) What is the...
year total $42,000 but won’t be paid until next April 15.2. On June 30, the company lent its chief financial officer $50,000; principal and interest at 7% are due in one year.3. On October 1, the company...
employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is...
cheques if the exchange rate is C$1.00 = €0.7448, and the financial institution charges a fee of ½%? 0000 DU a Od $1,247.20 $2,685.28 $3,207.17 $2.698 71
that you believe may have oil underground. There is only a10% chance that you will strike oil if you drill, but the payoff is$200,000. It costs $10,000 to drill. The alternative is not to drill at all, in which case...
is Jon’s Jams. The more honey Bob produces, the more jam Jon is able to produce; that is, there is a positive production externality. a. Suppose that the government of Massachusetts imposes a new tax on jam and...
decided to cut taxes on either apples, bananas, or cantaloupe, and it wants your input on which fruit would be the best choice for a tax cut. It provides you with the following information. What is your recommendation, and why?
difference of 10 in. What is the gauge pressure? If the right branch is tilted to make an angle of 30with the horizontal, what should the length of the column in the tilted tube be relative to the U-tube?