Economics 131
Homework 2-Answer Key
1. In 2004, the city of Cologne, Germany, instituted a pleasure tax. Among other things,
the tax applied to massage parlors, table-dancing clubs, and brothels. Many sex workers
complained that the tax was unjust because
Problem Set 5 Answer Key
ECON 131, Fall 2013 Elira Kuka
DUE DEC 4th, 2013 IN CLASS
Question # 1
Suppose that the corporate tax rate is 25%, there is an investment tax credit of 10%, the depreciation rate
is 5%, and interest on loans (used to pay for capit
UniversityofCalifornia,Davis
DepartmentofEconomics
Dr.JanineL.F.Wilson
Economics 131
Homework 1 Answer Key
1. Jim is in the 35% tax bracket and Linda is in the 15% tax bracket.
a. What is the equivalent tax credit for Linda of a $3,000 deductible contribu
1
Farheen Iqbal
Education 110
April 19, 2016
Final Draft
MEMORY AND THEORY
There are several learning theories that we apply throughout our daily lives and it
is true that we cannot retain all the information we learned during our lifespan.
Sometimes we b
Extra Practice Problems Week 3
1. Deadweight Loss and Revenue Calculations
a) Suppose Congress is considering raising the top federal marginal tax rate from 35%
to 40%. Senator Jones believes the elasticity of taxable income is large. Senator
Smith believ
Econ 131
Monica Singhal
UC Davis
Assignment 3
Due at the beginning of class on May 3, 2017
Students are encouraged to work on assignments in small groups of no more than four students.
Assignments must be written up separately and must include the names o
Econ 131
Monica Singhal
UC Davis
Assignment 5
Due at the beginning of class on May 24, 2017
Students are encouraged to work on assignments in small groups of no more than four students.
Assignments must be written up separately and must include the names
Econ 131
Monica Singhal
UC Davis
Assignment 2
Due in class April 19, 2017
Students are encouraged to work on assignments in small groups of no more than four students.
Assignments must be written up separately and must include the names of the other group
Extra Practice Problems Week 3 (Solutions)
1. Deadweight Loss and Revenue Calculations
a) Suppose Congress is considering raising the top federal marginal tax rate from 35%
to 40%. Senator Jones believes the elasticity of taxable income is large. Senator
Econ 131
Monica Singhal
UC Davis
Assignment 4
Due at the beginning of Class on May 10, 2017
Students are encouraged to work on assignments in small groups of no more than four students.
Assignments must be written up separately and must include the names
Econ 131
Monica Singhal
UC Davis
Assignment 3
Solutions
Students are encouraged to work on assignments in small groups of no more than four students.
Assignments must be written up separately and must include the names of the other group
members. Assignme
Econ 131
Monica Singhal
UC Davis
Assignment 4
Solutions
Students are encouraged to work on assignments in small groups of no more than four students.
Assignments must be written up separately and must include the names of the other group
members. Assignme
Department of Economics University of California, Davis ECONOMICS 131 Spring 2008 Answers to the Midterm 1. Fairness in Taxation a. The principle of horizontal equity asserts people in equal positions should be treated equally. (There are various ways in
Department of Economics University of California, Davis ECONOMICS 131 Spring 2008 Midterm Examination Please answer all four (4) questions. 100 points are possible. 1. Fairness in Taxation (15 points total) a. (5) Define horizontal equity, and give an exa
University of California, Davis Department of Economics ECONOMICS 131 Spring 2008 Problem Set #8: Taxing Consumption & Wealth 1. Consumption Taxation and Saving To focus on saving incentives, assume that a consumption tax leaves lifetime earnings patterns
Department of Economics University of California, Davis ECONOMICS 131 Spring 2008 Final Examination Please answer all five (5) questions. 100 points are possible. 1. Two Period Consumption Model With Taxation (20 points total) Consider a consumer who earn
Department of Economics University of California, Davis ECONOMICS 131 Spring 2008 Answers to the Final Exam 1. Two Period Consumption Model With Taxation a. The endowment point (Io,I1) is the consumption combination the consumer would have if consuming al
University of California, Davis Department of Economics ECONOMICS 131 Spring 2008 Problem Set #1: Tax Incidence and Progressiveness 1. Partial Equilibrium Tax Incidence Under Competition Suppose the market for root beer is characterized by a downward slop
University of California, Davis Department of Economics ECONOMICS 131 Spring 2008 Problem Set #2: General Equilibrium Tax Incidence 1. The Burden of a Selective Payroll Tax (continued) Suppose that the government decides to impose an extra payroll tax on
University of California, Davis Department of Economics ECONOMICS 131 Spring 2008 Problem Set #3: Taxation and Efficiency 1. Excess Burden of a Tax on an Inelastically Demanded Good Suppose that the marginal cost of producing light bulbs is constant at $1
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University of California, Davis Department of Economics ECONOMICS 131 Spring 2008 Problem Set #5: The Structure of the Individual Income Tax 1. The Treatment of Charitable Contributions a. (10) Explain the difference between a tax credit and a deduction f