When the government imposes a payroll tax on workers

Assignment Help Business Economics
Reference no: EM131009760

When the government imposes a payroll tax on workers,

(a) the effects are identical to the effects had the government imposed the tax on employers.

(b) the costs of hiring remain constant.

(c) the labor supply curve shifts to the right.

(d) total employment remains constant.

(e) workers’ real wages are unchanged.

Reference no: EM131009760

Questions Cloud

What is the maximum number of hostages required : There are N hostages and one bad guy, who needs a password from the hostages. One by one, the bad guy asks each hostage for the password. If the hostage squeals, the game ends; otherwise, the hostage dies, and the bad guy moves on to the next hostage..
Interpret the slope coefficient estimate : A researcher is using data for a sample of 274 male employees to investigate the relationship between hourly wage rates Yi (measured in dollars per hour) and firm tenure Xi (measured in years). Preliminary analysis of the sample data produces the fol..
Two firms supply coffee at market : Two firms supply coffee at a market. Firm 1 has lower marginal costs than firm 2, reflected by constant marginal costs c1
About the get a student loan : Suppose you get a student loan for $8,000, and your payments are deferred until after you graduate, 2 years from now. Then, you will make 15 yearly payments (starting 2 years from now). What are your payments? The interest rate is 8%/year.
When the government imposes a payroll tax on workers : When the government imposes a payroll tax on workers
What are the equilibrium levels of employment : An economy consists of two regions, the North and the South. The short-run elasticity of labor demand in each region is -0.5. Labor supply is perfectly inelastic within both regions. What will be the effect of this immigration on wages in each of the..
Labor force participation rates tend to : Labor force participation rates tend to
Short-run increase in wage rate in com-petitive labor market : Which of the following would result in a short-run increase in the wage rate in a com- petitive labor market?
An indication of the games nash equilibrium : Model the following situations as a game. Ensure that your game's payoffs match the situation. Your answer should consist of a payoff matrix, a short explanation, and an indication of the game's Nash equilibrium. You and your classmate plan to meet l..

Reviews

Write a Review

Business Economics Questions & Answers

  Elucidate why the boundaries of the firms that group members

Elucidate why the boundaries of the firms that group members currently work for are dawn at their current limits, and consider whether there are opportunities to increase the returns generated for your firm's owners by a change to those vertical o..

  Paper or metallic currency will disappear entirely

Even though the use of checks lower transaction costs when compared to the use of paper currency, it is unlikely that the use of paper or metallic currency will disappear entirely. Why?

  Use their land to grown either wheat or corn

Suppose farmers can use their land to grown either wheat or corn. The law of supply predicts that an increase in the market price of wheat will cause:

  Best describes tariffs

Which option best describes tariffs in Chile.

  Derive an expression for the marginal cost of production

A manufacturer estimates that its variable cost for manufacturing a given product is given by the following expression: C(q) = 25q2 + 2000q [$] where C is the total cost and q is the quantity produced. Derive an expression for the marginal cost of pr..

  Bavarian crystal works

As Bavarian Crystal Works is only one for many crystal producers in the world market, it can wholesale as many of the decanters as it wishes for $50 apiece.

  Why do you suppose r was included in the equation

Why do you suppose R was included in the equation as a variable? If you were a supplier to the furniture manufacturer.

  World currency valued against the us dollar

Explain how is world currency valued against the US dollar such as Euro and Chinese.

  Illustrate what are economic effects of the price ceiling

Assume the market for cough syrup is in equilibrium. Now, suppose the government imposes a price ceiling that is above the original equilibrium price. Illustrate what are the economic effects of the price ceiling?

  Elucidate how can tax cuts help revive the economy

Elucidate how can tax cuts help revive the economy. Write your individual answer to the question listed above minimum 300 words in essay format in APA style.

  Types of private solutions to the externality of pollution

Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream into a lake that has become thick with algae and polluted due to the minerals in the waste matter. types of private solut..

  Area of the producer surplus

Suppose the supply curve is Q = √P . Suppose there is no sunk cost.What is the producer surplus if 3 units are sold at price of P = 10.Graph the supply curve, P = 10, and the area of the producer surplus.

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