Fiscal policy is determined by O the Federal Reserve. O the president and the Federal Reserve. O Congress and the Federal Reserve. O Congress and the president.
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- How might the confirmation tendency affect Nathan's decision and what could he do to mitigate the possible effects of this tendency in order to improve his professional judgment?Ursula is employed by USA Corporation. USA Corporation provides medical and health, disability, and group term life insurance coverage for its employees. Premiums attributable to Ursula were as follows: (Click the icon to view the premiums attributable to Ursula.) During the year, Ursula suffered a heart attack and subsequently died. Before her death, Ursula collected $14,000 as a reimbursement for medical expenses and $5,000 of disability income. Upon her death, Ursula's husband collected the $40,000 face value of the life insurance policy. Read the requirements. Requirement a. What amount can USA Corporation deduct for premiums attributable to Ursula? (Enter a "0" if none of the premiums are deductible.) The premiums attributable to Ursula that USA Corporation can deduct is Requirement b. How much must Ursula include in income relative to the premiums paid? (Enter a "0" if none of the premiums paid should be included in income.) The amount that Ursula must include in income relative…Welfare and Efficiency - End of Chapter Problem A study by University of Minnesota economist, Joel Waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. The study suggested that the average recipient's valuation was approximately 90% of the actual purchase price. a. In 2019, it was estimated that the average amount spent on winter holiday gifts in Canada was $692. Based on the estimate from the Waldfogel study, how much of this would be deadweight loss? Enter your answer to the cent. b. In 2019, approximately 30 million people in Canada above the age of 18. Assuming that each individual purchased $692 worth of gifts, what was the total deadweight loss associated with gift giving in Canada? Round your answer to the nearest million dollars. million
- Tesla Many analysts cite Tesla as the most innovative car company to enter the automobile industry in recent history. The company was founded in 2003 with the vision of being an independent automaker that would build affordable electric cars. Over the next 17 years, it produced five different car models and continues to introduce concepts for additional vehicles. It has also expanded into home battery and solar panel products. In the first half of 2020, 81% of electric vehicles sold were Teslas, and its affordable sedan, the Model 3, is the all-time bestselling electric vehicle ever. Tesla’s cars helped create a new market for electric vehicles. In addition, its cars have technological components that have advanced safety throughout the automobile industry. Its cars can come with self-driving capabilities and advanced safety warnings. Parts of these technologies have been adopted by other car makers. 1.Think about the automobile industry. Explain what type of market it is by answering…Suppose that you discount the future hyperbolically. Assume that both B and 6 are strictly greater than zero but strictly smaller than one. At t= 0, you are given the choice between the following three options: a (1 utile at t = 0), b (2 utiles at t= 1), and c (3 utiles at t = 2). As a matter of fact, at t = 0 you are indifferent between a and b and between b and c. (a) Compute B and 6. (b) Suppose, in addition, that at t= 0 you are indifferent between cand d (xutiles at t = 3). What is x?J07
- [Maximum 200 words]. Do some internet based research to compare drugs prices across countries and comment on how expensive they are in the US compared to some of the other western countries. Ball park averages should be fine (no need to be exact, but you may want to cite your sources). Compare their sizes also in terms of population as well (for instance US vs Canada or UK). Discuss the possible effects of such a policy both in the US and Canada.A couples house is $192,00 and their auto is $9,500. Assume that their home is now appraised at $200,000 and the value of their automobile has dropped to $8,700. Calculate and characterize the effects of these changes on their net worth.Dana was dating Wade, a wealthy real estate entrepreneur. Wade was much older than Dana and knew he needed to offer something “special” to make her stay. Wade told Dana that if she continued dating him, he would pay her $10,000 a month. Wade paid Dana for two years when suddenly, for no apparent reason, he stopped the monthly payments. Dana stayed with Wade for another six months, but decided enough was enough and left. She wanted the $60,000 she was owed for the six months; Wade refused to pay her. Is Dana entitled to the $60,000?
- When a commodity has a perfect substitute, it is said that the good is Select one: a. perfectly elastic b. Inelastic c. perfectly inelastic d. unit elastichvkjlhow you can apply this in real life situation: discuss how you can help the newly set-up businesses in your community in coping up with the pandemic (COVID-19).