discuss in detail what is the importance of dircet taxation and how application of direction taxation in public sector

Q: what is the role of radio in the media globalization?

A: Globalization is the process by which various cultures, societies, and economies become fully integr...

Q: When choosing a distribution strategy, which of the following statements are true?

A: This chapter is related to distribution strategy. Distribution strategy is used to bring products, g...

Q: Which scenario describes the operation of a tariff? Angola opens up trade with the world corn market...

A: Both answers are given below

Q: QUESTION 2 Suppose that an economy's production function is y-A/ 0.5g0.3N0.7, where Y is output, A i...

A:

Q: Using globalEDGE Identify the ten economies that had the highest total imports in merchandise trade ...

A: Imports are goods and services that citizens of a country buy from outside the country rather than b...

Q: Describe the inflation rate trend in the inflation rate graph provided.

A: Inflation refers to an increase in the prices of goods and services in an economy over a period of t...

Q: . Consumer's surplus left with the consumer under price discrimination is

A: To find:  Consumer's surplus left with the consumer under price discrimination is    

Q: Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price, and the e...

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes a...

Q: The table below represents Freedonia's macroeconomic data for 2003 and 2004. Year Y K 2003 2000 1700...

A: First approach to find the growth rate of A. Year 2003: Y = AK0.25L0.75 => 2000 = A(1700)0.25 (70...

Q: QUESTION 19 The production and prices in a country in two subsequent years are described by the foll...

A: Inflation rate refers to the percentage change in which CPIs of two years.  Inflation rate = 100 * (...

Q: QUESTION 9 If total inflation over 18 years is 17.3%, what is the annual inflation rate? Write the a...

A: Inflation: It is the overall rise in the prices of goods and services/ rate of growth in prices.   T...

Q: Consider two individuals, Dave and Eva. Both Dave and Eva have initial wealth 810, 000 and face a 40...

A: Risk-averse people will not be willing to take risks. Given: u(x)=x1/2  Initial Worth = 810,000 Loo...

Q: Suppose a market basket contains two goods: good A and good B. Use the table below to calculate the ...

A: Since there are two goods in the market: good A and good B. Cost of the market basket is calculated ...

Q: Suppose there are four gas stations in your town. The quantity of gas that each one is willing to su...

A: Total quantity supplied by the market is the sum of quantity supplied by each seller in the market a...

Q: Discriminating monopoly is possible if two markets have

A: To find: Discriminating monopoly is possible if two markets have  

Q: Under Marginal utility analysis, utility is assumed to be a

A: To find:  Under Marginal utility analysis, utility is assumed to be a

Q: Under perfect competition

A: To find:  Under perfect competition

Q: How is the PPF applicable to international trade?

A: How is the PPF applicable to international trade.  

Q: QUESTION FOUR  Which of the following is NOT a principle of Islamic banking?     A ) Prohibit...

A: The answer is - (D) Credit risk transfer

Q: 4

A: Farmer optimal demand of good x1  and x2: Equating MRS  to price ratio MRS = MUx1MUx2 =12 x112 x2 = ...

Q: The supply of a commodity refers to

A: To find:  The supply of a commodity refers to 

Q: In the small closed economy of Bonretia, the currency is the denar. Statistics for last year show th...

A: Given: Private savings = 50 billion Taxes = 40 billion Government expenditure = 30 billion Transfer ...

Q: Year Minimum wage CPI Minimum wage in 2020 $s 1949 $0.40 23.8 1968 $1.60 34.8 1995 $4.25 152.4 2020 ...

A: Consumer Price Index (CPI): Consumer price index (CPI) is a measure of the aggregate price level in ...

Q: a) Suppose Kreese's preferences are monotone (more is better) and that he is willing to give up one ...

A: a. In this case Kreese is willing to trade cigars and sleeveless shirts at a fixed rate. So these go...

Q: In the Prisoner's Dilemma game, the dilemma is that in the Nash Equilibrium, neither play has pursue...

A: Game theory is the analysis of how interacting choices of economic agents generate outcomes that are...

Q: Number of Number of Workers Surfboards Produced 1 12 21 3 29 36 42 a. If surfboard sold for $30 and ...

A: Answer to the question is as follows:

Q: (a) (i) Define “expansionary fiscal policy” using above Malaysia budget 2022article. (ii) Explain th...

A: Fiscal policy refers to government measures used to stabilise the economy, specifically by manipulat...

Q: help me out with this please

A: A production function is a simple and occasionally graphical method of calculating production effici...

Q: 1 Los Angeles averages  266.5 sunny days per year.     What is probability that Boston has at least ...

A: * SOLUTION :-  (21)   Based on the given information the calculation as follows.

Q: What is the opportunity cost involved in moving from point B to A? Production possibility curve Shoe...

A:   Meaning of Production Possibility Frontier: The term production possibility frontier refers to the...

Q: a. Consider a closed economy (an autarky). The equilibrium price of computers in this autarky is equ...

A: Equilibrium of computer is achieved at the point where demand and supply for computers are equal .  ...

Q: Ed has 100 tons of manure. The lowest price at which he is willing to sell it is $10 per ton. Fred w...

A: Here the demand curve is below the supply curve it means that demand curve is starting from $8 where...

Q: Consider the demand function for processed pork in Canada, Q = 796.00 - 37p • 20p, + 3p. + 0.002Y Th...

A: Here we calculate the equilibrium price of pork and equilibrium quantity of pork , by using the give...

Q: ood X as an input into its manufacturing process. It buys 8000 units of good X 1000 units of good Y,...

A: *Answer:       

Q: Illustrate using a supply and demand graph what happened to gasoline prices in the World View, and t...

A: The equilbirum price and quantity of a product sold in the market are determined by the forces of de...

Q: What is the value of the unemployment rate in them most recent period on your graph?

A: Unemployment is an important concept in economics. It refers to the situation where an individual wh...

Q: 8. The reserve requirement, open market operations, and the moneysupply Consider a banking system wh...

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for yo...

Q: New nominal interest rate:

A: Money Demand Function: Money demand function shows the effect of some aggregate economic variables h...

Q: In a small open economy, output (gross domestic product) is $30 billion, government purchases are $6...

A: Here, it is given that the economic output is $30 billion with government purchases is $6 billion wi...

Q: 18. Refer to Table 4-6. If the price were $4, a   a.  shortage of 10 units would exist, and price...

A: When price is $4 per unit, quantity demanded is 40 and quantity supplied is 65. So there is excess s...

Q: the graph, which statement is TRUE? 30 25 20 15 10 7.5 10 125 15 175 Quartity O The flatter long-run...

A: Supply curve is more price elastic in the long run.  Hence, supply curve is flat in the long run and...

Q: wer as soon as possib

A:  Every factor of production gets rewarded equal to its Marginal product. Marginal product is the net...

Q: 1. Suppose that the value of $1 in Japanese yen decreases at the rate of 2% per year. a) Write the d...

A: Exchange rate: It can be defined as the rate at which the value of the domestic countries currency i...

Q: Suppose that Portugal and Austria both produce rye and cheese. Portugal's opportunity cost of produc...

A: Comparative advantage refers to the ability to produce goods and services at a lower opportunity cos...

Q: Under the FLSA, states are preempted from requiring a higher minimum wage than the federal amount. ...

A: For employees in the private sector, as well as federal, state, and local governments, the Fair Labo...

Q: A car is needed for three years. Plans A and B for acquiring the car are being evaluated. An effecti...

A: Buying entails more monthly payments, but in the end, you own an asset—a vehicle. Lease payments, on...

Q: Most developing countries emerging out of colonization opted for inward-looking and state-led develo...

A: Many countries are now engaged in three degrees of trade liberalisation. To begin, members of GATT a...

Q: 6 What is the z-score that bounds a tail area of  0.04? a 1.91         b 1.86         c 1.80        ...

A: Using standard deviations, a z-score calculates the distance between a data point and the mean. Posi...

Q: Consider a Japanese firm that sells product Y in the local market and contemplates sales to the US. ...

A: GIVEN   The inverse demand for Y in the US is Pus = 250 - Q (all prices and costs in this problem ar...

Q: 55. Professor Knight is famous for his theory of

A: To find : Why is Professor Knight famous.