Our current system of federal income tax has seven tax brackets, starting at 10% for income up to about $10k for a single person, and caps out at 37% for income above $500k. (We’ll ignore all the loopholes.) Suppose that instead of doing things this way, we tried to create a tax in which everyone pays the amount of money that would reduce the utility of their pre-tax income by (say) 10%. What would happen to the amount that people pay, and why? Explain your answer both for the case of someone who is currently in the lowest income bracket as well as someone in the highest. (You don’t need to use exact numbers.)
In: Economics
There has been a lot of controversy surrounding the use of genetically modified organisms (GMO) in food production. Your assignment is to take a side on this controversy. What evidence is in support of the side you choose? I want to talk about the negative side of it! about 500words. You will need to provide at least five (5) credible sources to support your argument.. Could someone help me answer this and put the 5 reference sites as well?
In: Biology
| Set IHMR A |
Relative Concentration Methyl Red |
Absorbance (a.u.) at 425 nm |
|---|---|---|
| A0 | 1.00 | 0.094 |
| A1 | 0.75 | 0.058 |
| A2 | 0.50 | 0.041 |
| A3 | 0.25 | 0.030 |
| Set IIHMR A |
Relative Concentration Methyl Red |
Absorbance (a.u.) at 520 nm |
|---|---|---|
| A0 | 1.00 | 0.895 |
| A1 | 0.75 | 0.806 |
| A2 | 0.50 | 0.597 |
| A3 | 0.25 | 0.224 |
| Set IMR- B |
Relative Concentration Methyl Red |
Absorbance (a.u.) at 425 nm |
|---|---|---|
| B0 | 1.00 | 0.480 |
| B1 | 0.75 | 0.302 |
| B2 | 0.50 | 0.243 |
| B3 | 0.25 | 0.052 |
| Set IIMR- B |
Relative Concentration Methyl Red |
Absorbance (a.u.) at 520 nm |
|---|---|---|
| B0 | 1.00 | 0.048 |
| B1 | 0.75 | 0.033 |
| B2 | 0.50 | 0.023 |
| B3 | 0.25 | 0.017 |
Based on the data above, calculate the slope of the line of the absorbance vs relative concentration for each for the four data sets (Part III in your lab manual).
Let:
αHMR
IA equal the slope for solutions A0-A3 at 425
mm
αMR-
IB equal the slope for solutions B0-B3 at 425
mm
αHMR
IIA equal the slope for solutions A0-A3 at
520 mm
αMR-
IIB equal the slope for solutions B0-B3 at
520 mm
These α's are the respective Beer's Law constants for HMR and MR- at the 2 wavelengths. Enter below the α's that you determined from your Excel graphs
In: Chemistry
Vapor Pressure and Heat of Vaporization
a. The vapor pressure of acetone at 20° C is 185.5 mm Hg, and the vapor pressure of water at this same temperature is 17.5 mm Hg. Predict which of the two liquids will have a higher normal boiling point. Use a molecular point of view to explain your prediction.
b. Use data from the table below and make a graph of the lnP versus the reciprocal of absolute temperature. Use the slope from a linear regression fit and determine the heat of vaporization. It should be about +42.8 kJ per mole.
| P in mm Hg | 1 | 10 | 40 | 100 | 400 |
| T in °C | -31.3 | -2.3 | 19.0 | 34.9 | 63.5 |
In: Chemistry
Explain in your own words the reason why a Eurodollar futures contract needs to be tailed in order to hedge the rate paid on a loan that is taken out at a future date. State the term (or name) for the difference between the FRA (forward rate agreement) rate and Eurodollar rate. If there were no difference between the Eurodollar rate and the FRA rate, state who is systematically favoured in a Eurodollar futures contract: the borrower or the lender.
In: Finance
You are on the town financial committee. Would you propose sales
tax,
social security tax of payroll or progressive tax? Explain.
a. Suppose you are asked to serve on your state commission to
revise the tax
system of the state. If you had to choose among a social security
type of
payroll tax, a progressive income tax, a property tax, or a sales
tax, which
one would you choose? Why?
In: Economics
You are required to pick a consumer product and discuss the
followings:
1. What is the product? [Hint: this can be as broad as you want,
like computers, TVs, cars or as brand specific as possible, such as
Twinkles, iphone. Think about how you will answer the questions
below before you pick your product].
2. What are the substitutes and complements for this product?
3. Is the price elasticity of demand greater or below 1? In other
words, how sensitive are the consumers to this price change in this
product? [Hint: best to be support by news article, news report,
financial report, journal articles. If you do have support, please
add proper citations and bibliography section]
4. Is this product a normal good, inferior good? Why?
5. Describe the market competition for this product (perfect
competition, oligopoly, monopoly, etc) Who are the main
producers?
6. What factors would affect the demand for this product?
7. What factors would affect the supply for this product? What
inputs does it require?
In: Economics
Ralph says he pays $960 per month for his employer’s HMO plan. Since the employer also offers a PPO and POS plan from another insurance company, why doesn’t Ralph switch plans? Explain in detail.
In: Economics
EXPLAIN Insurance Coverage in detail in any one of the following areas: 1) Auto Insurance - Property and Liability;
2) Homeowner’s or Renter’s Insurance – Property and Liability;
3) Health Insurance Policy;
4) Disability Insurance; or
5) Life Insurance.
In: Operations Management
In: Accounting