What is the poverty trap, Summaries the arguments for and

What is the poverty trap

Reference no: EM132179417

Question: 1. Summaries the arguments for and against the proposition that progressive taxes have dis-incentive effects.

2. What is the poverty trap?

3. Using supply and demand curves, show how the incidence of an indirect tax is shared between producers and consumers when the impact is initially on consumers.

Reference no: EM132179417

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