Sketch a model that is consistent with the given argument

Reference no: EM131500110

Question: A New York Thaws editorialist recently advocated a cut in the payroll tax. Among other advantages, he argued that it would "stimulate hiring, since employers shoulder half the burden of the tax" [Conley, 20041. Sketch a model that is consistent with this argument. Is it realistic?

Reference no: EM131500110

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