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Author Question: Taxes impact incentives to use resources since they distort relative prices. Indicate whether the ... (Read 60 times)

altibaby

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Taxes impact incentives to use resources since they distort relative prices.
 
  Indicate whether the statement is true or false

Question 2

With regard to the question What were the lives of those who died in the Civil War (18611865) worth? Hughes and Cain (2011) conclude that
 
  (a) there is no way to answer this question because people have infinite worth.
  (b) an estimate can be made by calculating the value of the loss of human capital.
  (c) the worth was close to zero because of the surplus of population that existed at the time.
  (d) the worth of Northern lives lost was greater because the Northerners were fighting against
  the evils of slavery.



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Gabe

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Answer to Question 1

True

Answer to Question 2

(b)




altibaby

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


patma1981

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Reply 3 on: Yesterday
Excellent

 

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