What goals motivate an alcohol tax

Assignment Help Microeconomics
Reference no: EM132179307

Question: Both a payroll tax and an excise tax on alcohol raise revenue and, respectively, shrink the markets for labor and alcohol. Although both have some functions in common, governments may have different goals when levying them. What goals do you think motivate a payroll tax? What goals motivate an alcohol tax?

Reference no: EM132179307

Questions Cloud

Summarize the essential functions of decision marking : Summarize the essential functions of decision marking, and the planning process.
Find the number of full monthly deposits : If her monthly deposits are made starting immediately and her savings is making 2% (12), find the number of full monthly deposits and the last partial deposit
Necessarily have all of their desired features : When is it "better" to give customers everything they want in a product as a premium price (higher than their average price) vs. giving them a lower priced
Coolest monkey in the jungle : Monkeys are very cute and you might even call your son or daughter, niece or nephew a little monkey.
What goals motivate an alcohol tax : Both a payroll tax and an excise tax on alcohol raise revenue and, respectively, shrink the markets for labor and alcohol. Although both have some functions.
Find an upper bound of the price of the call option : Find an upper bound of the price of the call option with strike 100, c(100), by using the information of c (80) and c(110)
Evaluate for tax concerns-potential liability and governance : Evaluate for tax concerns, potential liability, governance, continuity, raising funds, and maximizing opportunities.
Discuss about the demand for cigarettes : The demand for cigarettes, which create negative externalities through secondhand smoke, is often relatively inelastic. That is, when the price of cigarettes.
Communication is inevitable-irreversible and unrepeatable : Explain what is meant by the principle: "communication is inevitable, irreversible and unrepeatable."

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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