Principles of Economics (12th Edition)
12th Edition
ISBN: 9780134078779
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Question
Chapter 31, Problem 2.9P
Sub part (a):
To determine
The role of spending on research and development on the productivity and growth in an economy.
Sub part (b):
To determine
The role of government regulations on the productivity and growth in an economy.
Sub part (c):
To determine
The role of changes in human capital on the productivity and growth in an economy.
Sub part (d):
To determine
The role of output per worker hour on the productivity and growth in an economy.
Sub part (e):
To determine
The role of embodied technical change on the productivity and growth in an economy.
Sub part (f):
To determine
The role of disembodied technical change on the productivity and growth in an economy.
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Discuss the preferred deterrent method employed by the Zambian government to combat tax evasion, monetary fines. As noted in the reading the potential penalty for corporate tax evasion is a fine of 52.5% of the amount evaded plus interest assessed at 5% annually along with a possibility of jail time. In general, monetary fines as a deterrent are preferred to blacklisting of company directors, revoking business operation licenses, or calling for prison sentences. Do you agree with this preference? Should companies that are guilty of tax evasion face something more severe than a monetary fine? Something less severe? Should the fine and interest amount be set at a different rate? If so at why? Provide support and rationale for your responses.
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Chapter 31 Solutions
Principles of Economics (12th Edition)
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