The Chilean economy relies on copper mining (e.g. 20% of government revenue is related to copper...

The Chilean economy relies on copper mining (e.g. 20% of government revenue is related to copper mining) and other commodities (60% of exports). Make a (well supported) SWOT analysis of this industry in Chile.

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Rahul Sunny answered 2 years ago

Consider a competitive industry that the government taxes in order to raise revenue (e.g., the sale...

Consider a competitive industry that the government taxes in order to raise revenue (e.g., the sale of alcoholic beverages). Show graphically that the amount of revenue generated by a per-unit tax on the industry can in principle be duplicated by reorganizing it as a state-run monopoly and using the profits as government revenue.

A). The government needs revenue. It decides to tax lemon pie sales by 20%. Jimmy is...

A). The government needs revenue. It decides to tax lemon pie sales by 20%. Jimmy is a fan of lemon pies. He has an income of 100 pence. The price of lemon pies is 5 pence, the price of mascarpone pies is 4 pennies. Jimmy's utility is U=(lp)^2/3(mp)^1/3. How much revenue will the tax generate? B). The tax on lemon pies is a burden on Jimmy. How big of a burden is it? Calculate the income increase that would be...

When the economy is in recession, government revenue falls due to a falling tax base. Therefore...

When the economy is in recession, government revenue falls due to a falling tax base. Therefore the proper role of government should be to increase taxes and cut spending so as to balance the Federal budget. Do you agree? Why? “Money not backed by gold or silver is worthless paper and is a fraud committed against the people of the United States.” Critically evaluate this statement.

When the economy is in recession, government revenue falls due to a falling tax base. Therefore...

When the economy is in recession, government revenue falls due to a falling tax base. Therefore the proper role of government should be to increase taxes and cut spending so as to balance the Federal budget. Do you agree? Why? “Money not backed by gold or silver is worthless paper and is a fraud committed against the people of the United States.” Critically evaluate this statement.

Suppose the government raises its revenue by a net tax of 20 percent on income, t...

Suppose the government raises its revenue by a net tax of 20 percent on income, t = 0.2, the marginal propensity to consume out of disposable income is 0.75, the marginal propensity to import is 0.06, and the government has an outstanding public debt of 800. In addition, the autonomous expenditure in households, business and foreign sectors (C + I + X - IM) is 340 and government expenditure is 340. Note: Keep as much precision as possible during your...

An economy has government purchase of $20, and level of output of $100, it also has...

An economy has government purchase of $20, and level of output of $100, it also has consumption and savings as follows: C = 200r + 20 S = 100r +45 (each question is separate and do not build on each other) What is the equilibrium interest rate and saving/investment? If government purchase increase to $40, what is the equilibrium interest rate and saving/investment? If level of output decreases to $80, what is the equilibrium interest rate and saving/investment? If there...

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The Chilean economy relies on copper mining (e.g. 20% of government revenue is related to copper...

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Consider a competitive industry that the government taxes in order to raise revenue (e.g., the sale...

A). The government needs revenue. It decides to tax lemon pie sales by 20%. Jimmy is...

When the economy is in recession, government revenue falls due to a falling tax base. Therefore...

When the economy is in recession, government revenue falls due to a falling tax base. Therefore...

Suppose the government raises its revenue by a net tax of 20 percent on income, t...

An economy has government purchase of $20, and level of output of $100, it also has...