Solution :
Given the wage = $ 10.25 that is to be imposed to the market.
Given equation :
= 500 – 45W and
= -200 + 25W
If the wage of $10.25 is to be imposed to the market, the value of the labor supply can be found by putting the value of the wage in the labor supply equation.
At W = 10.25
Putting this value in the above equation, the labor supply would be
= -200 + 25W
= -200 + 25(10.25)
= 56.25
When W = 10.25, the value for the labor demand can be found by :
= 500 – 45W
= 500 – 45(10.25)
= 500 – 461.25
= 38.75
Therefore, the labor demand and the labor supply model is
= 400 - 45 x 10.25
= -200 + 25 x 10.25
Answer:
a tax-rate for 33.33% will make both investment yield an equal return after-taxes
Explanation:
the municipal bonds aare tax free, while the J and K Corp.'s bond are subject to tax income.
threfore to be indifferent between these bonsd the tax rate will equal the corp bon rate after taxes with the municipal bond:
pretax x (1 - t ) = after tax
0.195 x (1-t) = 0.13
1 - 0.13/0.195 = t
t = 1/3 = 33.33%
Hot countries so they will be warm
In a closed-fact problem, the main goal of tax research is to: find support for an action the taxpayer has already taken.
Explanation:
When filing a tax return, many people are medically supported. Strong tax research skills are even greater because of their complexity and application in tax law. The purpose of this chapter is to provide information and advice on tax compliance analysis as well as tax planning. In addition, the technique of tax analysis is quite similar to accounting and auditing.
The aim of tax research is to increase the profit or gains of the taxpayer. The aim is not to generate the minimum tax liability potential. Customers should determine the accuracy of tax returns or try to minimize possible IRS conflicts.
This difference of perspective — to optimize after-tax gains instead of reducing taxation — is particularly important when one considers that many tax planning techniques require such pre-tax income transfers, either in the form of additional expenditures, income avoidance or both.