In recent years in Russia, the most popular tax system has been
a. graduated rates topping at 13 percent
b. a flat rate of 60 percent
c. graduated rates topping at 40 percent
d. graduated rates topping at 30 percent
e. a flat rate of 13 percent
E
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Assume that initially, the risk premium, ? = 0 and that the domestic and foreign interest rates are given by R = .06, R* = .05
Suppose that the risk premium depends linearly on the difference between domestic government debt, B, and domestic assets of the central bank, A, i.e., ? = Find the new domestic interest rate if a sterilized purchase of foreign assets adjusts A s.t. (a) B - A = -.01/ (b) B - A = .01/ (c) B - A = .03/
To allow a public utility (which is a natural monopoly) to earn only a normal profit, the government should
a. do all of the following b. set price equal to average cost c. equate marginal cost and average cost d. set marginal cost equal to marginal revenue e. set price equal to marginal cost
What are the effects of a reciprocity strategy on game outcomes?
What will be an ideal response?
The problem of overfishing in waters that are commonly owned can be solved by
A. subsidizing fishing. B. the use of the Coase Theorem. C. establishing property rights for fishing in the waters. D. allowing the market to ration fish.