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- Why might private markets tend to provide too few incentives for the development of new technology?2. In Public Finance, there are two ideological perspectives on society and government Organic View and Mechanic View. Please explain in detail for these two ideologies with examplesDirections: As you read through the senior below, please identify all sources of revenue for the local government. Please highlight/underline the phrase in the word and then identify the specific revenue source in the margin or above/below the phrase (eg. property tax, ad valorem, sales tax, and fees). A Day In the Life of the Adams Family Let's walk through this active day for the Adams Family! They all wake up, brush their teeth and take showers in the home they have owned for the past five years. After getting dressed for the day, they decide to take care of some major family business first. Since their family vehicle had been breaking down for some time, they head out to a local car dealership to purchase a new one. They a great deal on the vehicle and complete all of the paperwork for a successful transaction. After they leave the dealership in their new car, they decide to enjoy a picnic outside since it is such a lovely day outside. They go to the local grocery store to pick up…
- 1. What is Public Finance, and what are the key questions that the field addresses?13) The primary source of revenue of the Federal Government are percent pay a) corporate taxes, nearly 60% of all Federal personal income taxes. b) personal income taxes, nearly 60% of all Federal personal income taxes. c) property taxes, close to 70% of all Federal personal income taxes. d) sales and excise taxes and user charges. 6 and the top five1 a- Why do you think we should use taxation as a redistribution tool in a country? b- Show and explain the effects of government borrowing regarding Ricardo’s Equivalence Theorem and give the main arguments against this theorem
- Table 12-12United States Income Tax Rates for a Single Individual, 2009 and 2010. 2009 Tax Rates Income Ranges 2010 Tax Rates Income Ranges 15% $0 – $28,000 10% $0 – $10,000 28% $28,000 – $70,000 15% $10,000 – $30,000 31% $70,000 – $140,000 27% $30,000 – $60,000 36% $140,000 – $300,000 30% $60,000 – $150,000 40% over $300,000 35% $150,000 – $320,000 38% over $320,000 Refer to Table 12-12. Kurt is a single person whose taxable income is $35,000 a year. What is his marginal tax rate in 2010? Group of answer choices 10% 15% 27% 30%31) What are vertical equity and horizontal equity associated with? the benefits principle of taxation b. the ability-to-pay principle of taxation taxes that have no deadweight losses d. falling marginal tax rates a. C.Table 24.8 All Figures in Billions of Dollars Comsumption Spending Imcome) Net Taxes (C=100 + 0.9Yd) 2,350 2,530 2,710 2,890 3,070 3,250 3,430 Planned Investment Purchases 150 150 150 150 150 150 150 di Output Savings 150 170 190 210 230 250 270 Government Spending 200 200 200 200 200 200 200 en 2,600 2,800 3,000 3,200 3,400 3,600 3,800 100 100 100 100 100 100 100 aretle Refer to Table 24.8. The economy is at the equilibrium level of output. If government spending increases by $200 billion, the new equilibrium level of output is Lütfen birini seçin: O A. $4,400 billion O B. $4,000 billion OC $5,600 billion O D. $4,600 billion. O E $3,800 billion
- Ee the information below to answer questions I through 5. mparation business. To simplify, assume your tax personal obligations are the same whether Aume you gave up a S60,000 per year job at an accounting firm to start your own tax 1. Iryour revenue during the first year of business is $75,000, and you incurred $5.000 in cupenses for equipment and supplies, how much is your accounting profit? If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your economic profit? If your accounting profit is S60,000, much is your economice profit? If your revenue during the first year of business is $60,000, and you incurred S5,000 in expenses for equipment and supplies, how much is your accounting profit? your revenue during the first year of business is $60,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your economic profit?17. Identify the type of government policies promoting innovation and social benefit represented by the following scenarios: A. Subsidies B. Taxation C. Research and Development D. Neither 1. Communication Research Inc. applies for a federal grant to support projects in fiber optics ✓2. The federal government gives million to a research firm to help cover cost ✓3. The federal government provides National Defense 24. A pharmaceutical company receives a tax break to pursue research projects5. A reduction in current taxes must result in which of the following? lower future taxes higher government spending in the future some combination of lower government spending and higher future taxes only (a) and (c) are true