Demonstrate your understanding of the economic issues

demonstrate your understanding of the economic issues

write an outline that organizes your paper and includes an introduction
and a conclusion. This is a separate deliverable and is intended to assist
students in writing outlines and organization.

The papers should
demonstrate your understanding of the economic issues and should follow a format
similar to:
Introduction
Background
The pros to your concept
The opposing points of view
Conclusion

The papers should follow APA
and have properly cited references.

Can you list any arguments in favor of taxing windfall profits that result from “price gouging“? Can you anticipate any long-run consequences?

 

……………………..Answer preview……………………..

Windfall tax refers to the tax levied by authorities on companies when the economic conditions allow them the companies to make above average profits. One of this conditions is price gouging. Price gouging refers to the situation where and or commodities cost much higher than what is considered fair and reasonable………………………

APA

594 words

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