Explain the incentives effects of hypothetical taxes

Assignment Help Macroeconomics
Reference no: EM131442665

Question: 1. Explain how the incentives effects of each of the following hypothetical taxes would cause people to change their behaviour; be sure to explain what people are likely to do less of and what they are likely to do more of in response to each tax:

a. A $1,000,000-per story tax on all office buildings more than two stories tall

b. A $ 2,000-per-car-tax on all red (and only red)cars

c. A $100-per book tax on all new college textbooks

Reference no: EM131442665

Questions Cloud

Technology changed the nature of warfare : Please write an essay that analyzes how technology changed the nature of warfare, as exhibited in World War I. Your essay should discuss the role that technology played in World War I and should discuss both military and non-military technology.
What is internet of things and what is your opinion of it : What is the "Internet of Things"? What is your opinion of it? Is it good or bad? Detail your reasons why you developed this opinion. However ensure your answers are well-founded, and written in an educated manner.
Draw a context-level diagram for courses registration system : Draw a context-level diagram for the Courses Registration system. Please make sure to include reasonable data flows for the diagram.
Discuss reasons why african american men received the right : Discuss reasons why African American men received the right to vote but not the right to land ownership?
Explain the incentives effects of hypothetical taxes : Explain how the incentives effects of each of the following hypothetical taxes would cause people to change their behaviour; be sure to explain what people are likely to do less of and what they are likely to do more of in response to each tax.
How have changes in employee roles : After reading "The Corporate Shift: How Millennials Are Changing the World" article in the Module Four Reading and Resources section, discuss the following: How have changes in employee roles as a result of organizational shifts influenced individu..
Pros and cons of clean coal energy : Need a paper written on the pro's and con's of "clean coal energy" - Need the main points to be Intro and conclusion
Map identifying the location of the chosen site : Choose one landmark, monument, natural wonder, or city in South America. Create an informative and detailed brochure, report, slide show presentation, or movie about your chosen place.
Identify the type of business and ownership : Identify the type of business and ownership and write a concise summary of the case study. (Remember to reference the source)

Reviews

Write a Review

Macroeconomics Questions & Answers

  Write assignment on international labor rights

Discuss whether or not workers are exploited in manufacturing of US imports. In your response consider whether they are better off in that type of job or an alternative.

  First-best level of investment

a. Draw a timeline of the game. What is the ex-ante period and the ex-post period in this model? b. What is the first-best level of investment? Explain.

  What groups in society would you expect to be the most

What groups in society would you expect to be the most enthusiastic about Adam Smith's ideas? Why? What groups might be expected to oppose them?

  Speed cash system

The Speed Cash System is used to transfer money from one place to another within a day. This is basically used to speed up the money transfer. The necessary information for the money transfer from the source bank to the destination bank is sent in..

  Problem regarding the workers in foreign sweatshops

Suppose that a union is able to successfully organize a boycott of products produced by workers in foreign sweatshops. Will this affect the own-wage elasticity of labor demand for union workers? If so, how? Which Hicks-Marshall law applies? Does t..

  Why do companies cut production when they find that their

Why do companies cut production when they find that their unplanned inventory investment is greater than zero? If they didn’t t cut production, what effect would this have on their profits? Why?

  Calculate the change in income for a given change

Public Affairs 854 Fall 2014 - Problem Set 2. Calculate the change in income for a given change in money supply, Δ(M/P) (you can assume that the price level P is fixed at 1)

  Predict characteristics of signals in the 1h nmr spectrum

For the protons labeled Ha and Hb in the structure below, predict the characteristics of their signals in the 1H NMR spectrum: the approximate chemical shift, the splitting pattern, and the integration value of their signals.

  Draw the production possibility curve

a. Draw the production possibility curve b. Who enjoys the absolute advantage of producing both? c. Who has higher opportunity cost of making T-shirts?

  Contend for channel using binary exponential back-off

Two CSMA/CD stations are trying to transmit a few long video files. After each frame is sent, they contend for the channel using binary exponential back-off algorithm. What is the probability that the contention ends on round k, and what is the me..

  1 for figure demand with zero transactions costs is q1d 50

1. for figure demand with zero transactions costs is q1d 50 - p and supply is qs -7 2p.a. verify all of the prices

  Explain the government uses policies like student loans

Explain the government uses policies like student loans and free trade to influence the economy's growth rate.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd