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Author Question: What happens to the acceptable wage rate at each level of employment once an income tax is levied on ... (Read 44 times)

soccerdreamer_17

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on: May 24, 2019
What happens to the acceptable wage rate at each level of employment once an income tax is levied on labor income?
◦ Nothing, it remains the same.
◦ It increases by the amount of the tax that must be paid.
◦ Workers and employers split the tax, so the acceptable wage increases by half the tax.
◦ Because workers have to work more to make up for the tax, the acceptable wage rate falls by some amount that cannot be determined.
◦ Because workers have to work more to make up for the tax, the acceptable wage rate falls by the precise amount of the tax that must be paid.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by soccerdreamer_17 on May 24, 2019

Mochi

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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soccerdreamer_17

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Reply #2 on: May 24, 2019
Thanks


Mochi

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Reply #3 on: May 24, 2019
Welcome :)


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