Question

然海

有人能教我經濟學嗎？

Eeonomies 1Quiz2

LInaprivate market we can sum the demands oftwo people to get marketdemand
foraproduct

ee
3
人

入

 

+         em
Pre                       re

amarket price of$2, whatisthe quantity demanded

 

(00. From the diagrams above,
inihe market?
(0. Suppose Alan and Betty have the following inverse demand curves and face the
same marginal costcurve.
居=100-Qx
pp 150-0.5Qs
McC=0.5Q
As in last question, we can sum the demands. So what is the ageregate demand
curve?
(ii0. With aprivate good, we can asume thateveryone pays the same priee
Therefore, imacompetitive market whatisthe quantity and price atthe
equilibrium? Whatisthe quantity Alan consumes? Whatisthe quantity Betty

  

comsumes?

2 Explain whatis meantbyagood being "excludable” Explain whatis meantbya
good being “rival in consumption” fsasliee ofpizzaexcludable? lsitrival im
consumption?

3. Some economists argue that private fims will not undertake the efficientamount
ofbasie scientific research.

(0. Explain why this might be so. In youranswer classify basie research in one 9f
the eategories showninFigure 1

(0. What sortofpolicy has the United States adopted in response to this problem?

(ii.1tisoften argued thatthis policy inereases thetechnologicaleapability 9f
American producers relative to thatofforeign fims. ls this argumenteonsistent

EeomomieslLQuiz2

With your classifieation ofbasie researeh in part 02

 

 

agnes人           HGuRE 1
汪計         3             ee
                 co
曲際汪       比寢遇         1
3      au         ee
莒AA                                            see
貴司             bo
es       凍            Pa
加交ee       同           es oter peopws me生
單一一和讓時一       pe
Pre

 

 

 

 

4 Suppose you are atypical person in the U.S. eeonomy. You pay 4 pereentofyour
ineome inastate income tax and 15.3 pereent ofyourlaboreamings in federal
payroll taxes (employerand employee shares combined). You also pay federal
ineome faxesasin Table 2. How much tax ofeach type do you pay ifyoueam
$30,000ayear? Taking alltaxes into account what are your average and
marginal tax rates? Whathappens to yourtax billand to youraverage and
marginal fax rates 江your income rises to $60,000?

cs

he Feeeral laceme Tax Ratee 2014     From $0to $9.075

ee margnal ta rates 4   From $9,076to$36.900
Fm $36.901$89.350
From $89,351to$186.350
From $186,3514o$405,100
From $405,101 to $406.750
Fem$06,751andabow

Feonomies HL Quiz 2

Based on the above information,answer the following questions in detail.
人0 Amalyze these taxes using the prineiple ofhorizontalequity
1 Classify each tax as progressive, proportional orregressive.
交 Whichtax would you choose to finance cducation? Explain.