The vigorous pursuit by a society of tax policies that tend to equalize wages across skill groups
Question:
“The vigorous pursuit by a society of tax policies that tend to equalize wages across skill groups will frustrate the goal of optimum resource allocation.”
Comment.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
The statement is arguing that when a society aggressively implements tax policies to equalize wages across different skill groups it might disrupt the ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Read and answer the question below. EMBRACE DEMOGRAPHICS AND SOCIETAL CHANGES Using Differences to Drive Value Force 7: Demographics and Societal Changes. One of the most important forces that is...
-
Find the values of the parameter p > 0 for which the following series converge. 00 1 k=2 (Ink)P
-
What is the meaning of eschatology and why was it important in the stories of Jesus?
-
1 Which of the sources of power in Table 14.5 could staff use?
-
Advance planning of an overseas business trip is, from one perspective, the most important stage of the visit. It allows the business person to acquire important information about the country to be...
-
Parts produces parts for the automobile industry. The company has monthly fixed expenses of $ 620,000 and a contribution margin of 80% of revenues. Requirements 1. Compute Williams Steel Parts...
-
Ordinary shares are now selling for RM36.75. The share recently paid a RM1.32 dividend and the firms earnings per share has increased from RM1.49 to RM3.06 in the past five years. The firm expects to...
-
Afew years ago, a prominent medical college inadvertently accepted more applicants than it could accommodate in its first-year class. Not wanting to arbitrarily delay the entrance date of the...
-
Women receive lower wages, on average, than men of equal age. What concepts of human capital help to explain this phenomenon? Explain. Why does the discrepancy between earnings for men and women grow...
-
The paralegal is assigned the task of preparing an office legal memorandum. The memorandum is due in 10 days, and there is a 5-page limit. The facts and law are as follows: Facts: Mary was Tom's...
-
How do these relevant legal principles apply: Duty of care Duty of obedience Duty of loyalty Shareholder Derivative suit Piercing the corporate veil...
-
what will you do as a hotel manager if a customer complained about bad service they received?
-
How do marketers use new products to maintain and grow their market share? Your response must include a specific example of a company that successfully grew its business or attracted a new target...
-
How do you encourage cross-functional synergy within your organization to break down silos and facilitate innovative solutions to complex challenges ?
-
1. what is intended internal resource strategies. How do you plan to develop or acquire resources (tangible and/or intangible) that would generate core competencies? What are examples of resource...
-
How do the main elements of packages affect international marketing programs?
-
Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and constraints. Pair each item from List A (by letter) with the item from List B that is...
-
Discuss the use of testimonials in advertising. Which of the four AIDA steps might testimo nials accomplish? Are they suitable for all types of products? If not, for which types are they most...
-
Discuss the future of smaller advertising agencies now that many of the largest are merging to form mega-agencies.
-
Does advertising cost too much? How can this be measured?
-
Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2...
-
Prepare the adjusting journal entries and Post the adjusting journal entries to the T-accounts and adjust the trial balance. Dresser paid the interest due on the Bonds Payable on January 1. Dresser...
-
Venneman Company produces a product that requires 7 standard pounds per unit. The standard price is $11.50 per pound. If 3,900 units required 28,400 pounds, which were purchased at $10.92 per pound,...
Study smarter with the SolutionInn App