ECO 450 Week 11 Final Exam Part 2 Purchase here
Question 1Most empirical research indicates that the market supply curve of labor hours by primeage males is:AnswerQuestion 2The higher the compensated elasticity of supply of savings,AnswerQuestion 3If the return to savings, r, is subject to taxation at rate t, then in equilibrium a saver’s marginal rate of time preference will equal:AnswerQuestion 4The HaigSimons definition of income:AnswerQuestion 5Comprehensive
income:AnswerQuestion 6Which of the following is the result of The Economic Growth and Tax Relief Reconciliation Act enacted in 2001?AnswerQuestion 7The reduction in marginal tax rates will:AnswerQuestion 8Which of the following is true for the federal income tax in the United States? AnswerQuestion 9The excess burden of tax preferences:AnswerQuestion 10Tax expenditures are:AnswerQuestion 11Accelerated depreciation allows corporations to:AnswerQuestion 12In the long run a corporate income tax that initially reduces the return to investment in the corporate sector will also:AnswerQuestion 13If corporations maximize profits, the shortrun incidence of a tax on its profits will be borne by:AnswerQuestion 14If an allequity firm has aftertax income of $100,000 based on a 34% income tax, what is the aftertax income of an equivalent firm that pays $15,000 in interest that is tax deductible?AnswerQuestion 15If the supply of savings is not perfectly elastic, the corporate income tax is likely to:AnswerQuestion 16Assuming that a person never receives any cash gifts or bequests, a tax on comprehensive consumption is equivalent to a(n):AnswerQuestion 17In most states, the retail sales tax can be regarded as equivalent to a:AnswerQuestion 18Consumptionin
kind:AnswerQuestion 19A consumptiontype, value added tax:AnswerQuestion 20The differential incidence of substituting a tax on comprehensive consumption for a tax on comprehensive income is likely to be:AnswerQuestion 21If a tax on real estate results in a decrease in the supply of housing, the tax will be:AnswerQuestion 22A comprehensive wealth tax will:AnswerQuestion 23If the annual amount of savings is $10 billion, what is the effect of a wealth tax assuming supply is responsive? AnswerQuestion 24If the annual amount of savings is $10 billion, what is the effect of a wealth tax assuming supply is perfectly inelastic? AnswerQuestion 25A comprehensive wealth tax base includes:AnswerQuestion 26What is generally the best measure of fiscal capacity for local governments?AnswerQuestion 27In general, local tax bases tend to be:AnswerQuestion 28Under a federal system of government,AnswerQuestion 29A federal highway grant will provide funds for roads supplied by state and local governments if these governments pay 50 percent of the cost of the roads. This grant is an example of:AnswerQuestion 30A grant received by a local government will:Answer):uit
Published on Feb 17, 2017
ECO 450 Week 11 Final Exam Part 2 Purchase here https://sellfy.com/p/gwTS Product Description Question 1Most empirical research...