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- Painting or plastering a home would be considered capital improvements which would add to the basis in the home. Group of answer choices True False 28. Beginning with the 2018 tax year only self-employed people can deduct eligible home office expenses against their self-employment income. Group of answer choices True Falsequestion: Please find the effect of Y and r if there is an increase in the tax rate. Use the following equations and evaluate the total derivative.PPP conversion factor, PPP conversion factor, LCU per USD Total population | exchange rates | all ages | individual | Constant local | ppp | Constant local | ppp | constant (2020) LCU per USD Total population | exchange rates | all ages | individual | Year constant (2020) South Africa India 2019 6.28 18.39 5. Assume the pre- & post- tax income distributions are the same in both countries (very unrealistic I know). Please calculate the absolute Gini for both countries. Note: Absolute Gini = Average National Income(USD) × Gini Coefficient Gini (India) = 0.63 Gini( South Africa) = 0.75
- III. PROBLEM SOLVING: Lino Batumbakal is now exploring the option to start selling beef wellington. He is trying to find out how many must he sell in order to start earning money. From an initial feasibility study, he will incur a total of 200,000 pesos for equipments and other fixed expenses. He is planning to sell the wellington at 500 pesos for each incurring direct expenses of 150,000 pesos in the production. According to Lino Bataumbakal's feasibility study, should he start selling the beef wellington, he will have the following data: Price 500 2,100 6. What is the Supply Function? 7. What is the Equilibrium Point? IV: GRAPHING: 12 10 1. What will be the TOTAL COST EQUATION? 2. How many units must he sell in order to break even? 3. How much should be her revenue to earn a profit worth 100,000 pesos? 4. If Lino would like a Net Profit of 300,000 pesos, how many units should he sell? 5. What is the Demand Function?. Q 4 6 Using the data above, graph properly and with proper labels…"Research findings indicate that the way people spend vouchers is consistent with the predictions of standard economic theory and there is no evidence of a wider behavioural response." Discuss this statement by (a) applying relevant intermediate microeconomic theory and (b) referring to the evidence in the research literature.(1000 word count)Q1) Peter lives for three periods. He is currently considering three alternative education-work options. He can start working immediately, earning $100,000 in period 1, $110,000 in period 2 (as his work experience leads to higher productivity), and $90,000 in period 3 (as his skills become obsolete and physical abilities deteriorate). Alternatively, he can spend $50,000 to attend college in period 1 and then earn $180,000 in periods 2 and 3. Finally, he can receive a doctorate degree in period 2 after completing his college education in period 1. This last option will cost him nothing when he is attending graduate school in the second period as his expenses on tuition and books will be covered by a research assistantship. After receiving his doctorate, he will become a professor in a business school and earn $400,000 in period 3. Peter’s discount rate is 20 percent per period. What education path maximizes Peter’s net present value of his lifetime earnings? Q2) (a) Is the presence of…
- Assessing the impact of digital facilitation in Ghana’s investment sector. Required i. identify the dependent and the indpendent variable in the above research topic.13) Derek, an accountant, allocates the cost of a piece of earth-moving equipment over a specific period of time. Based on the given information, it can be concluded that Derek is implementing the process of A) appreciation. B) expense designation. C) cost plus pricing. D) depreciation. E) discounting.Can you explain this equation and its importance in economics please and thank you. equation = MRTSL,K>PL/PK
- 19-An Indian trader approached you with two quotes to know if there is a change in their values after 30 days. Spot rate INR 195 = 1 OMR and 1 INR = 0.00500 OMR after 30 days. Which one of the following will be your answer to the Indian trader? a. None of the options b. INR is appreciated and OMR is appreciated c. INR is depreciated and OMR is depreciated d. OMR is appreciated and INR is depreciatedA worker receives CAD 3,000 of lump-sum transfers from the government annually andhas 4,160 available hours per year. She is currently working 2,200 hours per year at the wage rateof CAD 20.00 per hour. After being promoted, her wage rate increases to CAD 25.00 per hour,and she decides to work 2,700 hours. She is indifferent between her original work decision andworking 2,850 hours at CAD 25.00 per hour.1. What is the compensated wage elasticity of labor supply implied by her response to thewage increase? Is the compensated labor supply elastic or inelastic?2. What is the uncompensated wage elasticity of labor supply implied by her response to thewage increase? Is the uncompensated labour supply elastic or inelastic?3. Why are these elasticities different?2. Compute Ay = f(x + dx) – f(x) and the differential dy = f'(x)dx for the following: %3D (a) f(x) = when x= 3, dx =-D (b) ƒ(x)= ln x when x= 1, dæ =
