Burden of the tax on workers and firms

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Reference no: EM13743245

Consider a new per-worker employment tax on workers (where previously there was no tax). outline the consequences of this tax on the local labor market. use appropriate, clear and well labeled diagrams. in your answer show (1) the burden of the tax on workers and firms,(2) the effect of the tax on employment and (3) the effect of tax on the market wage. which of the above(burden, employment and/or market wage)change if we instead impose the tax on employers?

Reference no: EM13743245

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