How would it affect the distribution of income

Assignment Help Econometrics

Reference no: EM131431354

Suppose that the labor supply of married women is very sensitive to the after-tax wage (that is, it is very elastic), whereas the labor supply of men is not. The government proposes to reduce the tax on income earned by married women by 5 percent. and to raise by 15 percent the tax on earnings of married men. How would this tax change affect total tax revenues? How would it affect the distribution of income?

Reference no: EM131431354

Questions Cloud

Facilitate the change needed to succeed in serving : After reviewing the material for the week what features to the GDD culture would you add or seek to improve to facilitate the change needed to succeed in serving the client's 24/7 needs. Hint: look at the GDD Company Profile under the current busi..

Confidence interval for the population proportion of males : Find a 95% confidence interval for the population proportion of males who do not donate blood who have heart disease.

American citizens from unreasonable : The Fourth Amendment to the U.S. Constitution secures the right of privacy. It protects American citizens from unreasonable searches and seizures. Advancements in technology have raised issues regarding this protected right. Explain the reasons fo..

Explain two techniques required to study ecosystems : Describe two techniques required to study ecosystems then provide an example of each technique. Suggest two advantages and disadvantages for each of your chosen techniques.

How would it affect the distribution of income : The government proposes to reduce the tax on income earned by married women by 5 percent. and to raise by 15 percent the tax on earnings of married men. How would this tax change affect total tax revenues? How would it affect the distribution of i..

Confidence interval for the population mean teflon thickness : Find a 95% confidence interval for the population mean Teflon thickness in factory-coated pans.- Find a 95% confidence interval for the population mean Teflon thickness in recoated pans.

Examine the pros and cons of crestview hospital : Examine the pros and cons from the perspective of Crestview Hospital of the placement of its new billboard directly adjacent to Briarwood Medical Center. Interpret the reaction of customers and other community stakeholders to the billboard posting..

Who do you think bears the burden of such taxes : It is often asserted that gasoline taxes used to finance highway construction and maintenance are fair because they make users of roads pay for them. Who do you think bears the burden of such taxes?

Confidence interval for the true proportion of people : Find a 99% confidence interval for the true proportion of people who exhibit addictive behavior after eating a low-carbohydrate meal.

User Account

All Pages