When considering changes in tax policy, economists usually focus on

A) people's ability to pay taxes. B) the marginal tax rate.
C) the average tax rate. D) people's willingness to pay taxes.

B

Economics

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Refer to Scenario 15.4. The present value of the electricity bill savings you will receive over the next 10 years is

A) $200 times 10. B) $200/1.06. C) $200/1.0610. D) $200 (1 + 1/1.06 + 1/1.062 + ... + 1/1.069 ). E) $200 / (1 + 1/1.06 + 1/1.062 + ... + 1/1.069 ).

Economics

Collusion is:

A. more likely when the threat of market entry is missing. B. more likely in perfectly competitive markets. C. less likely when the threat of market entry is missing. D. not affected by firm’s ability to enter a market.

Economics