This topic contains a solution. Click here to go to the answer

Author Question: What is meant by revenue-neutral tax reform? How might agreeing to revenue-neutral tax reform help ... (Read 26 times)

jake

  • Hero Member
  • *****
  • Posts: 538
What is meant by revenue-neutral tax reform? How might agreeing to revenue-neutral tax reform help lead to a more efficient tax system?
 
  What will be an ideal response?

Question 2

Homer's Donut Shoppe has the production function q = 10L +20L2 - 5L3. The average product of labor is
 
  A) AP = 10 + 20L - 5L2
  B) AP = 10 + 40L - 15L2
  C) AP = 10L
  D) AP = 10 + 20L



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

paavo

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

Revenue-neutral tax reform means changing the tax system in some ways but keeping the amount of tax revenue collected constant. Agreeing to revenue neutrality when attempting to change the tax structure might help lead to a more efficient tax system by allowing legislators to focus on efficiency concerns without being sidetracked into debates over the overall level of taxation.

Answer to Question 2

A




jake

  • Member
  • Posts: 538
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library