A government increases the corporate tax rate from 15 to 17% in an economic recession. Fiscal policy in that case is Procyclical and expansionary Anticyclical and expansionary Procyclical and contractionary Anticyclical and contractionary се d

Q: VC FC TC AVC AFC ATC MC 0.00 3,780.00 NA NA NA NA 1 400.00 2 700.00 3 900.00 4 1,000.00 1,050.00…

A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 parts as per…

Q: Can you please answer all the question A through H.

A: A price taker is an individual/ firm with zero commands over the costs of labor and products sold…

Q: what about question g

A: Equilibrium price is a fundamental concept in economics that refers to the price at which the…

Q: How was TVC calculated?

A: TVC is total variable cost in a cost structure of a model. Total variable cost is showing the…

Q: Question 15 and 16

A: Accounting profit is calculated as: =Total revenue - explicit cost=$5,000 - $4,250=$750 Where…

Q: MKT-1003/ If a consumer's ideal state is very near or identical to his or her actual state, which of…

A: The objective of the question is to identify the type of problem recognition a consumer would have…

Q: could you also help with question g ?

A: Ariel's opportunity cost for 1 book 2/3=0.67 problem set.So Ariel will accept price when her…

Q: 10. Understanding marginal and average tax rates Using the information provided on the income tax…

A: The marginal tax rate is the additional tax income due to a change in tax liability. The marginal…

Q: Is there anything more I can add to make this answer worth 8 marks?

A: Investment increases the capital stock, and the amount of capital that is available to an economy is…

Q: Français OA) $100,000.00 B) $125,000.00 OC) $80,000.00 OD) $60,000.00 Font Size: A dwelling valued…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

Q: What is one pkus one

A: Step 1:One plus one equals two1+1 = 2 For example if you have one apple and you get one more apple ,…

Q: where did you get 0.1235 from

A: We know that: X=-50000/P*Q By substituting values X=-50000/(P*(4.3103-1.39*ln P)) Since initial P is…

Q: Where are you getting the number 11?

A: The gap between income and spending in an economy is the budget surplus. A budget surplus occurs…

Q: Are you able to assist me with the last two questions?

A: The Gini coefficient determines income distribution across a population. Created by the Italian…

Q: Please answer question number 8

A: The marginal revenue of a unit is the difference between the total revenue achieved at the current…

Q: What are standard deductions?

A: There exists a difference between taxable income and the total amount of income earned by the…