RedBall Productions is a new company based in Orem, Utah. RedBall supplies stock images of still photography. Utah’s state corporate income tax consists of a flat tax rate of 5% on all corporate income. RedBall Production’s taxable income in 2005 was $500,000. What amount of state income tax did RedBall Productions owe?
in a minimum of 300 words, Incorporate the concepts of game theory with international trade and tariffs. Set up two payoff matrices. Set up the first payoff matrix such that the outcome will be harmful to both countries. Set up the second payoff matrix such that the outcome will be beneficial to the United States. Evaluate the two matrices using current actions by each country […]
From which of the following did banks earn profits under the traditional “originate to hold” model of banking? Securitization of home loans Making loans and earning interest that was higher than the interest paid on deposits Charging fees to their customers for services like overdrafts and financial advice Holding liabilities that were always a little larger than their assets. The risk that a person who […]
Your city and department is faced with an economic downturn and you have been asked to develop a team of members from all ranks within your fire department, including both union and civilian personnel. This new team will determine the programs, projects, policies and procedures that need changed get the budget in order for next year. The city manager has asked that you develop a […]
(2) Over the last several years, a number of municipalities in California have adoptedrestrictions on the bags that grocers are allowed to give to customers. The nature ofthe restrictions varies by municipality, but generally a customer must either providehis or her own bags, or the store is required to charge some minimum price for bags.A recent paper finds that one of the consequences of these […]
Analyze 1 of the following government intervention programs: Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession) US agriculture support programs Assistance for Low Income Families (choose 1) Housing vouchers Earned Income Tax Credit (including Child Tax Credit) Supplemental Nutrition Assistance Program (SNAP) Low income healthcare (choose 1) Medicaid (including Children’s Health Insurance Program). Affordable Care Act expansion Social […]
Look at your local economy. In what area does your city or state have a comparative advantage? Does it tend to export this good/service to other states or internationally? What kind of competition does your region face in this market? Your journal entry must be at least 200 words in length. No references or citations are necessary.
African Country Paper- Chosen country is Liberia Write a 5-page paper. To get full credit, you must examine the Economic system. You must focus on their Trade, Monetary and Fiscal policies and the specifics in its economic portfolio. Finally, Give a brief overview of their foreign policy. Who do they work with? Are they a part of any international organizations? Each section must be clearly […]
How do macroeconomists distinguish between nominal and real values of variables? Does nominal or real GDP give a better picture of changes in economic activity and economic well-being? Why? Suppose the nominal GDP of Italy increased by 1% between 2011 and 2012. Is this information sufficient to conclude that the economy grew in that period of time? Given that the inflation rate was 3%, what […]
Suppose the government reduces taxes by $20 billion, that there is no crowding out, and that the marginal propensity to consume is 3/4.a) What is the initial effect of the tax reduction on aggregate demand?b) What additional effects follows this initial effect? What is the total effect of the tax cut on aggregate demand?c) How does the total effect of this tax cut compare to […]
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