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A monopolist always faces a demand curve that is
a. perfectly inelastic.
b. perfectly elastic.
c. unit elastic.
d. the same as the market demand curve.
Given:
C= 400+cYd
T=50+.10Y
I=10
G=23
Ye=736.36
The marginal prosperity to consume is
consider the following bivariate utility function
U=25X^2/5Y^3/5
1.find marginal utility of x and y
Y=C+I+G ,C=120+0.8Y , I=100+0.1Y ,G=300
Using cramer's rule find Y,C and I
your given the following national income model Y=C+I+G ,C=12+0.8Y ,I=100+0.1Y ,G=300
present the model to matrix formula.
Context Link: https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go
Instructions: Provide a response including a few reasons why you disagree or agree, and further information to prove your point or connect it back to the statement.
Statement: I personally believe that our social security tax is one of the most important taxes to be paid. I think its important to pay this tax because, by paying it because of the benefits it offers later in life. Spouses and children of the deceased are given their paid tax money to help them after their loved one can no longer contribute. Our elderly get monthly retirement money because they paid their tax. Disabled workers and their dependents get money because they paid their social security tax. To conclude by paying social security tax it means that later in life if ever need be money is able to be given to the ones who need it in hard times, especially our elderly who have retired.
Context Link: https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go
Instructions: Provide a response including a few reasons why you disagree or agree, and further information to prove your point or connect it back to the statement.
Statement: I personally believe that the most important tax to be paid is the medicare subsidies tax. This is because this tax allows for underprivileged individuals to receive health coverage and ensure that parents, children, the elderly, and people with disabilities are provided equal health opportunities to others. Therefore, people are able to take care of themselves and have coverage for any medical issues that arise. This increases the healthy population which is good for the country.
Context Link: https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go
Instructions: Provide a response including a few reasons why you disagree or agree, and further information to prove your point or connect it back to the statement.
Statement: I believed the most important topic for are federal tax dollars to go to in are medicare subsides tax. I think this is the most important because everyone deserved to be able to have affordable medicare. This tax allows the less fortunate to have more affordable and more helpful medicare. For example elders, children, parents who don't have a very big income, may have a big medical issue occur. This tax would help cover this for them.
Context Link: https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go
Instructions: Provide a response including a few reasons why you disagree or agree, and further information to prove your point or connect it back to the statement.
Statement: In my opinion I think that we should spend most of our taxes on Medicare and other expenses dealing with medical assistance. I believe this because people who do not make a lot of money should not have to worry about going to the doctor just because they cannot afford it. Also it can help pay for unfortunate accidents or sicknesses that cannot be prevented. Such as cancer, this is a disease that already takes a toll on your health, you should not have to worry about paying thousands of dollars on medication to help cure the sickness. Another reason is if you break a bone you have to play thousands to get it fixed. If people did not have medical assistance they would not be able to afford to get that bone fixed.
Context Link: https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go
Instructions: Provide a response that includes whether or not you agree or disagree with the following statement, a few reasons why you disagree or agree, and further information to prove your point or connect it back to the statement.
Statement: I believe that our most important tax that we pay goes towards safety net programs in this country. I personally benefit or have benefitted in the past from such safety net programs, being a low income individual for most of my life. Without these programs, I would not have been able to enjoy 3 meals a day or even the roof over my head, both as a child and now as a young adult. So when I am working a steady job with good income, I feel good about contributing some of that towards somebody that is in a similar situation to mine, and helping them live a better and more worthwhile life.
