Chapter 4:



ssignments for Macroeconomics Chapter 4

Assignment #1:
Study the functional and personal distribution of income. Indicate how these can affect the overall level of economic activity.

Assignment #2:
Compare the various forms of business organization. Prove that the corporate form is dominant in any capitalistic society.

Assignment #3:
Outline the 2 principles of taxation. Give examples of each. Show how the principles are applied in income and sales taxes.

Assignment #4:
Explain what the incidence of a tax is. Show how the incidence of various taxes is indeed shifted.

Assignment #5:
Outline the major revenue sources and expenses of the Federal Government. Do the same for state and local governments.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s