Suppose the government runs a redistributive tax scheme. That is, the government redistributes income across the two groups by setting tl = 1/2 y¯ and tb = − 1/2 y¯ in the current period and t'b = 1/2 y¯ and t'l = − 1/2 y¯ in the future period. Use a graphical analysis to analyse the effects of the introduction of the new tax scheme on the consumer choice of group b

Answers

Answer 1

Graphical analysis: The budget line of group b in the present period rotates inwards. This is because the current lump-sum transfer from group l to group b reduces the budget line of group b by half the size of the transfer. This implies that for any given price of x, group b has less purchasing power. Since the lump-sum transfer is symmetric, the budget line of group l rotates outward in the present period by half the size of the transfer, leaving group l with more purchasing power. The slope of the budget line remains the same because there is no change in the relative price of x and y in the present period.

Therefore, group b can still afford to purchase the same amount of x and y as before because their relative prices are unchanged.

The endowment point, E, remains unchanged since there is no change in the initial distribution of resources. The optimal consumption point for group b is point U, where the budget line is tangent to the indifference curve.The introduction of the new tax scheme on the consumer choice of group b has no effect on its relative demand for x and y in the current period. The relative price remains constant, and the income effect of the lump-sum transfer is zero.

Therefore, group b will continue to purchase x and y in the same ratio as before. In the future period, the budget line rotates outwards by half the size of the transfer from group b to group l. Therefore, group b has more purchasing power in the future period, and the slope of the budget line remains the same since there is no change in the relative prices of x and y.The endowment point, E, remains unchanged since there is no change in the initial distribution of resources.

The optimal consumption point for group b is point W, where the budget line is tangent to the indifference curve.The introduction of the new tax scheme on the consumer choice of group b has no effect on its relative demand for x and y in the future period. The relative price remains constant, and the income effect of the lump-sum transfer is zero. Therefore, group b will continue to purchase x and y in the same ratio as before.

In conclusion, the introduction of the new tax scheme has no effect on the relative demand for x and y by group b in both the present and future periods. Group b will continue to purchase x and y in the same ratio as before because their relative prices are unchanged.

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Related Questions

The cost of manufacturing a product includes all of the following except? materials. labor. advertising.

Answers

All of the following, with the exception of Advertising, are included in the cost of producing a product. It's option C.

This is because advertising is a cost of dealing products as opposed to making them. Advertising is the practice and ways employed to bring attention to a product or service.

Advertising is a promotional exertion that aims to vend a product or service to a target followership. It's one of the oldest forms of marketing which attempts to impact the conduct of its target followership to either buy, vend, or do commodity specific.

Advertising cost is classified as a dealing expenditure. A product cost is a cost directly or laterally affiliated to the products being product similar as direct accoutrements cost, direct labor cost, and manufacturing overhead cost.

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To examine
the weekly payroll of all employees, one would look at the:

Answers

To examine the weekly payroll of all employees, one would look at the: d. payroll register.

What is the payroll register?

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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Eloise, the director of Human Resources at her organization

Answers

Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.

What is Human resources management?

Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.

This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.

In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.

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Complete Question:

Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?

Planning , using a five step process.

The journal entry to record the entry of a customer's nonsufficient funds check would include a:_______

Answers

The journal entry to record the entry of a customer's nonsufficient funds check would include a debit to the Accounts Receivable account and a credit to the Cash account.

When a customer's check is returned due to insufficient funds, it means that the customer's bank account does not have enough money to cover the amount of the check. As a result, the company that received the check needs to make an adjustment in their records to reflect this situation.
To record the nonsufficient funds check in the company's books, a journal entry is made. The entry includes a debit to the Accounts Receivable account, which represents the amount owed by the customer. This debit reduces the outstanding balance owed by the customer because the check bounced.
On the other side of the entry, a credit is made to the Cash account. This credit reduces the amount of cash recorded in the company's books because the check could not be deposited or cashed. By making this credit entry, the company recognizes that it did not receive the funds from the customer's check.

In summary, the journal entry to record a customer's nonsufficient funds check includes a debit to the Accounts Receivable account and a credit to the Cash account. This entry reflects the fact that the customer's check bounced and the company did not receive the funds.

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According to the Small Business Administration, the percentage of businesses that
survive the first five years is about

Answers

Answer:

50%

Explanation:

John works as a website designer and for a fee will perform tasks that help clients create or redesign their websites. In other words, John is providing what for each client?
A) a deficit

B) an export

C) an import

D) a service

Answers

The answer is b hope this helps

What does negative savings rate mean?

Answers

Answer:

see below

Explanation:

The negative savings rate is when the bank's interests on deposits fall below zero percent. It means that banks should charge customers interest on savings rather than pay interests on customer deposits. The negatives savings rate is meant to encourage customers to consume more, as opposed to saving. The objective is to promote spending to boost the economy.

The negative savings rate encourages banks to give more loans. The banks find it more prudent to offer loans and earn interest instead of being charged for holding customer deposits.

If the High Rate Method makes the most mathematical sense, why would anyone use the Snowball Method instead?
It saves more money in interest
It increases the number of debts you have to repay
It increases the number of monthly payments you need to make
Paying off any debt in full feels good and motivates you to keep going

Answers

Paying off any debt in full feels good and motivates you to keep making the most mathematical sense, would be used by the Snowball Method instead. Thus, option D is correct.

What is mathematical?

Mathematical subjects encompass things and their changes, forms and the locations in which they exist housed formulae and supporting structures, and numerals.

The Snowball Method would just be employed in its place since repaying off any debt completely feels wonderful and encourages you to continue. When a debt becomes paid in full, you transfer the funds you were using to make that payment to the subsequent, lowest loan. In a perfect world, this procedure would go on until all obligations were settled.

Therefore, option A is the correct option.

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How do authors of workplace documents make them easier to understand?

Answers

By include these documents in a company manual or handbook, authors of workplace documents facilitate reading by doing so. The Workplace Documents examination gauges a person's ability to comprehend and use information from actual workplace papers when making choices and resolving issues.

Employers are safeguarded by workplace recordkeeping in the event that a worker files a lawsuit for discrimination, harassment, or unpaid wages. Companies can avoid liability related to disciplining or firing employees by using proper paperwork. Everybody you work with will have more knowledge overall thanks to documentation. You'll gain from greater openness and a more collaborative atmosphere.

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Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer questions 8 through 10 based on this balance sheet.

Answers

Answer:

Total liabilities = $25,000

Explanation:

Missing information;

Accounts Payable  = $5,000

Long-term Notes Receivable  = $10,000

Accounts Receivable  = $15,000

Accrued Expenses  = $3,000

Cash  = $10,000

Short-term Notes Payable  = $7,000

Retained Earnings  = $2,000

Accumulated depreciation  = $2,000

Prepaid Expenses  = $3,000

Capital Stock  = $8,000

Supplies  = $7,000

Find:

Total liabilities

Computation:

Total liabilities = Accounts Payable  + Capital Stock  + Short-term Notes Payable + Accrued Expenses + Retained Earnings

Total liabilities = 5000 + 8000 + 7000 + 3000 + 2000

Total liabilities = $25,000

which action is likely to cause a team that is writing collaboratively to produce an inferior document?

Answers

Activity is likely to result in a collaboratively writing team producing a document that is subpar. The document's intended readership is the team.

Which of the following describes how collaborative writing is disadvantageous?

The assignment of un-equal tasks is a potential drawback of collaborative writing. If your partner isn't as committed to the endeavor as you are, it can take more effort from you. Also, if one writer puts in more time on a project, your workplace may be affected.

What basic tool can be utilized when working on a group writing project?

Microsoft Word-

The suite's writing tool, Go-ogle Documents, is stacked with features that make collaboration a breeze. The program excels at simultaneous access, enabling coworkers to edit a document simultaneously while being able to see the changes that each of them is making.

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Given the general agreement that pollution is undesirable and social welfare is increased by reducing pollution, the optimal level of pollution in a society is: Group of answer choices the level of pollution that minimizes the average total cost of producing the product that generates the pollution. the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution. the level that reduces the marginal social costs of pollution to zero. zero.

Answers

Answer:

the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.

Explanation:

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Generally, it has been proven beyond reasonable doubt that pollution is undesirable to living organisms such as humans, plants and animals in an environment.

Furthermore, we know and agree that social welfare of the people living across the world is increased by reducing pollution.

Hence, the optimal level of pollution in a society is the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.

An investment in a pool of mortgages that have been purchased by a government agency is a

Answers

An investment in a pool of mortgages that have been purchased by a government agency is commonly known as mortgage-backed securities (MBS).

MBS are financial instruments that represent an ownership interest in a collection of mortgages. When individuals or institutions take out mortgages to purchase homes, these mortgages are often bundled together and sold to government agencies such as Fannie Mae or Freddie Mac. These government-sponsored entities then package these mortgages into securities, which can be bought and sold by investors.

Investing in MBS allows investors to earn income from the interest and principal payments made by the borrowers of the underlying mortgages. MBS provide a way for investors to participate in the mortgage market and diversify their investment portfolios.

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A hotel is part of what industry?
A.
Service
B.
Wholesaling
C.
Subcontracting
D.
Cottage


Please select the best answer from the choices provided

A
B
C
D

Answers

Hopes this helps:

Answer: A. Service

Please mark as brainlist
A.
Service i did this

Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow.
• Sales are budgeted at $308,000 for November, $328,000 for December, and $228,000 for January . Collections are expected to be 65% in the month of sale and 35% in the month following the sale.
• The cost of goods sold is 80% of sales.
• The company desires to have an ending merchandise inventory at the end of each month equal to 70% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase.
• Other monthly expenses to be paid in cash are $22.900.
• Monthly depreciation is $30,000
• Ignore taxes Balance Sheet October 31
Asset
Cash, $35,500
Accounts receivable, $86,000
Merchandise inventory,172,480
Property, plant and equipment, net of $624,000 accumulated depreciation, $923,000
Total assets $1,216,980
Liabilities and Stockholders' Equity
Accounts payable,$ 257,000
Common stock, $758,000
Retained earnings,$201,980
Total liabilities and stockholders' equity,$1,216,980
accounts payable at the end of december would be:
A. $206,400
B. $127,680
C. $78,720
D. $262,400

Answers

Answer:

Explanation:

The accounts payable at the end of December would be $127,680.(B)


1. Calculate the cost of goods sold for December: $328,000 (December sales) * 80% = $262,400.


2. Determine the desired ending inventory for December: $228,000 (January sales) * 80% (cost of goods sold) * 70% (desired inventory) = $127,680.


3. Compute the purchases needed for December: $127,680 (desired ending inventory) - $172,480 (October ending inventory) + $262,400 (December cost of goods sold) = $217,600.


4. Since payment for merchandise is made in the month following the purchase, the accounts payable at the end of December would equal the purchases made in December, which is $127,680.(B)

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Which defines room and board?
O housing and meals that are often provided at additional cost
O monetary support that is used to help pay educational costs
O an educational institution or establishment, in particular one providing higher education
O a school that provides training in a specific skill or trade

Answers

Room and board are defined as educational institutions or establishments, particularly ones providing higher education. Thus the correct option is C.

What is the definition?

A definition of any word is a detailed description defining the accurate meaning to the reader in order to gain information and understand the meaning to utilize in vocabulary and used in any sentence.

Education and knowledge are not equivalent. Education is the means by which you acquire knowledge, which is what you already know. Knowledge is any truth or piece of information that you can retain and apply. We discover new things through education.

Therefore, option C is appropriate.

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Personal Finance- Education and Training Costs Quick Check

1. Which defines room and board?

housing and meals that are often provided at additional cost

2. What is the definition of a college?

an educational institution or establishment, in particular one providing higher education

3. Which describes financial aid?

monetary support that is used to help pay educational costs

4. Which defines continuing education?

the formal classes that focus on a specific area of study, not usually taken for credit

5. What is post-secondary education?

the education level that follows the successful completion of high school

4/20/2023

A ____________ bank is one on which a check or draft is drawn.
A. Collecting
B. Paying
C. Buyers
D. Sellers

Answers

A check or draft drawn on a bank is known as a "paying" bank, responsible for disbursing funds as directed on the instrument.

A check or draft drawn on a bank is known as a "paying" bank. When a person or business issues a check or draft, they are directing their bank to pay the receiver. The "paying" bank, often known as the bank on which the check is written, is in charge of following the payment instructions and distributing the monies to the designated beneficiary. Processing the payment and confirming that there are funds in the account are both involved. In order to facilitate transactions and make sure that the funds are transferred from the account holder's bank to the receiver as stated on the check or draft, the paying bank is essential.

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On a personal level, as you begin looking for a job after you graduate, it will be critical for you to know how to

A) market value

B) communicate value.

C) deliver value

D) forecast value

E) explain value

Answers

Answer:

B) communicate value.

Explanation:

Employees are a cost to employers. An employer will consider hiring a new employee if they are convinced that the benefits from the employee outweigh the costs.

A fresh graduate will have to convince a potential employer that they are worth being hired. The graduates need to communicate the value they shall add to the business. The ability to communicate one's value is critical for a successful job hunting mission.

What is The College Scorecard?
O A recruiter website connecting potential employees with job openings
OA social media website to connect with companies for job shadowing
O A virtual job fair where many employers meet with job candidates
OA website outlining the cost of a college or certification program

Please help ASAP

Answers

The College Scorecard can be described as A website outlining the cost of a college or certification program.

What is the purpose of a College Scorecard?

A college scorecard is an online tool or rather a website that is very useful for determining the the value that a university can give those who go to it, based on the cost of education at that university. The website is run by the United States government which created it during the Obama Administration to make it easier to decide the higher institution that one would like to go to.

The College Scorecard is quite handy because a prospective student can look at it to find out things like the cost of tuition, the graduation rate of people who go to the University, the employment rate of the graduates, and the average amount that students have to borrow to attend school.

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3. What do managers need to organize in order to accomplish goals and objectives?

Answers

Answer: Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives. (write this in your own words)

Explanation:

The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a high enough level,
such as an amount greater than $10 per 1,000 yen. If you convert this price into the form typically quoted in the newspaper, this price corresponds to_____yen per dollar.

Answers

Answer:

0.1 yen per dollar?  if i got it wrong sorry

Explanation:

Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?

Marisa is a new marketing analyst for the Paragould Hotel chain. She is reviewing the hotel's current social media activities and trying to classify where each will fit into the three main areas the company wants to focus on. 1) Give your customers a specific hashtag and CTA so you can easily monitor and reward mentions. 2) Assign a social currency or value to the social actions your consumers take. 3) Be prepared to surprise and delight someone for his or her actions as they happen

Answers

Using good customer experiences and/or unexpected rewards like presents or one-of-a-kind events, surprise and delight is a marketing strategy that draws in and nurtures current and new customers. The value that information has when it is shared among people is known as social currency.

People want to keep sharing things when they have a positive social currency. In essence, it's a strategy for using the influence of customer recommendations and reviews to increase brand loyalty and consumer trust. Influence can be gained by individuals in several ways. As subject matter experts, they might post compelling information on social media that draws an audience.

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Is this how to speak to a girl, I am lost if you're away. You have me so completely. I cherish you night and day. Without your breath, I cannot live.

Answers

Ya bro go for it should be 100%

At the beginning of every shift, Cody records the amount of pizza sauce in inventory. At the end of every shift, he records the number of pizzas made and the amount of pizza sauce left in inventory. Why would he do this?A) So he can determine if employees are taking sauce home.B) So he can compare the quantity used with the budgeted amount.C) So he will know how much pizza sauce to order.D) So he will know how many customers visited his pizza parlor during his shift.

Answers

Answer:

B) So he can compare the quantity used with the budgeted amount

Explanation:

For a business to keep making profit it needs to ensure that the amount of materials it is using in its production process is within a defined limit. So it sets up a budget to guide the amount of raw materials to be used.

In this scenario Cody records the amount of pizza sauce in inventory. At the end of every shift, he records the number of pizzas made and the amount of pizza sauce left in inventory.

This is done to compare quantity of raw materials used to the given budget of the business.

This check will make sure that the business stays profitable.

Day 2 still: Put whatever you want you deserve a break from answering or asking questions :D

Answers

thank you very much kind person :-)

Answer

Anybody else lokey failing lol

Explanation:

1. Give one example of professional behavior in a salon and how a cosmetologist could
demonstrate it."

Answers

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

You see Paul dealing with Susan, an upset employee from another department. Susan is complaining about something that your department was supposed to do but didn't. You are in a back room and have not been seen by Susan. Paul is obviously frustrated and unable to deal with Susan effectively. You should:

a. Walk up to the pair and attempt to change the conversation.
b. Introduce yourself to Susan and offer your assistance.
c. Ask your supervisor to offer some interpersonal skills training to Paul.
d. Tell Paul that Susan is needed by the supervisor to end the situation.

Answers

I think option (b) is the correct

Money needed to expand for additional inventory, equipment, marketing cost, employees, etc. is known as which of the following? Competitive risk Market analysis Marketing Expansion capital

Answers

Answer:

Expansion capital

Explanation:

Expansion capital can be defined as the money that a company uses to expand itself and business. Expansion capital is always included in company balance sheets. Expansion capital is also known as growth capital.

Expansion or growth money usually covers additional inventory, equipment, marketing cost, employees, etc as seen in the question.

Cheers.

You are going to interview for a position for which you have less experience and background than fellow candidates. You know, however, that you are the right person for the job. Which interview format would be the most appropriate for you to prove your worth?

Answers

Answer: Oral interview

Explanation:

One of the best ways to sell yourself or pitch before a council seated to examining job hunters is by oral interview. During an oral interview, candidates for the job are ask to sell themselves as regards why they think they are best fit for the job, in most cases the qualifications of the candidate plays little or no vital role when they can't defend what they have or can't sell themselves enough to be seen capable for the job.

What do behaviorist and cognitivist theories have in common?


a. Praise is an important aspect of learning in both of them.

b. They both rely on a simple stimulus-response system.

c. Repetition is an important aspect of learning in both of them.

d. They both accept that the mind has a conscious role in learning.

Answers

C hope that helps hand f
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The equation of an ellipse is x2/16 + y2/36= 1 , and the ellipse is centered at the origin. Find the vertices of the major axis and determine whether the ellipse has a horizontal or vertical major axis. which of the following is dissolved in the small intestines rather than the stomach? select one: a. effervescent tablets b. enteric coated tablets c. buccal tablets d. sublingual tablets And Abraham said unto his eldest servant of his house, that ruled over all that he had; Put forth I pray thee thy hand under my hand, and I will make thee swear before the Lord, the God of heaven, and the God of the earth, that thou shalt not take a wife unto my son, of the daughters of the Canaanites among whom I dwell; but thou shalt go unto my country, and to my kindred and take a wife unto my son Isaac. (Genesis 24:2)--------And Samson went down to Timnath, and saw a woman in Timnath of the daughters of the Philistines.2 And he came up, and told his father and his mother, and said, I have seen a woman in Timnath of the daughters of the Philistines; now therefore get her for me to wife.3 Then his father and his mother said unto him, Is there never a woman among the daughters of thy brethren, or among all my people, that thou goest to take a wife of the uncircumcised Philistines? And Samson said unto his father, Get her for me; for she pleaseth me well.(Judges 14:1)-------For God so loved the world, that he gave his only begotten Son, that whosoever believeth on him should not perish, but have eternal life. ... For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.(John 3:16)--------One question. Are you a Christian? Just something random for Skullyally and The SchoolGuy Please help will give Brain!! which line is an example of iambic pentameter? pls help i need answer pls Which personality trait from the Big Five has the highest criterion-related validity with job performance across all jobs?Multiple Choicea. Openness to Experienceb. Agreeablenessc. Conscientiousnessd. Extraversione. Neuroticism 1. Describe the figure using precise mathematical languageplease help piper rockelle or gavin magnus North Korea and South Korean make up this land feature:The Korean PeninsulaThe Chinese PennisulaThe Sea of JapanPacific Ocean In his arguments, the rancher focuses only on his family. In what way is this technique effective? Could his arguments benefit from additional information? If so, what kinds of information? After the French Revolution, which statement describes religious rights of citizens?O A. They could worship in Catholic churches.B. They were forbidden to worship in public.C. They could worship in Temples of Reason. What down the functions of CTEVT in context of development of Nepal. Which word in the sentence below is an adverb?Lia accidentally told her brother about his upcoming surprise party.A. accidentallyB. toldC. aboutD. surprise A 87.0 kg person is riding in a car moving at 24.0 m/s when the car runs into a bridge abutment. Calculate the average force on the person if he is stopped by a padded dashboard that compresses an average of 1.00 cm. Calculate the average force on the person if he is stopped by an air bag that compresses an average of 15.0 cm. Solving InequalitiesAlgebra 1 What are the maximum and minimum resultant magnitude of two forces A(n) __________ is an organism that breaks down decaying organisms and organic matter to obtain energy. The class unanimously voted for a pizza party as a reward for winning the book battle; there were no students who opted for an ice cream party.Using an antonym context clue, what is the meaning of the word unanimously? I think people should be allowed to pleadinsanity, but to do so they need to havepsych evaluations to determine whetherthat is true or not, and if it isn't, they shouldthen have the crime of lying in courtagainst them as well.