+1-415-670-9189
info@expertsmind.com
Elucidate what is effect of such tax on economic efficiency
Course:- Business Economics
Reference No.:- EM1349697





Assignment Help >> Business Economics

Q. In a several years ago British government imposed "poll tax" that required each person to pay a flat amount to government independent of his or her income or wealth. Elucidate what is the effect of such tax on economic efficiency also the effect on economic equity? do you think this was a popular tax?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Each scenario below gives some information about price elasticity of demand. For each, calculate the missing data, and determine if the price change under consideration will i
According to both Keynes and Friedman, the demand for money decreases with a decrease in a) permanent income. b) the interest rate. c) the spread between the interest rates on
Suppose in a market, for the typical firm P = 200 - q - b(n - 1)q and TC = 100q, where P is the price of output q, b is a parameter determining how sensitive a firm’s output p
To show the gradual development of inflationary pressures in the postwar U.S. economy, and to show why these pressures posed problems for policymakers and also for Keynesian e
The Eurozone has some countries with severe debt problems: Portugal, Ireland, Italy, Greece and Spain ... sometimes known as PIIGS. These Euro countries are looking for and ha
Frank Sill the CEO and founder of environ wearies facing the first big challenge of his young company. Frank began the company on the principle of environmental consciousness
A monopolist has an inverse demand curve given by p(y)=12-y and marginal cost is 2y. What will be its profit-maximizing level of output? Suppose the government decides to put
An electronics manufacturer is considering the purchase of one of two types of laser trimming devices. The sales forecast indicated that at least 8,000 units will be sold per