True or false? Explain your answers. a. Payroll taxes do not affect a persons incentive to take

Question:

True or false? Explain your answers.

a. Payroll taxes do not affect a person’s incentive to take a job because they are paid by employers.

b. A lump-sum tax is a proportional tax because it is the same amount for each person.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics

ISBN: 9781319098759

5th Edition

Authors: Paul Krugman, Robin Wells

See More Books

Question Posted: Mar 05, 2024 04:00 AM

See More Questions

Suppose that a 64M X 64 main memory is built using 512K X 8 RAM chips and memory is word addressable, a) How many RAM chips are there per bank? b) How many banks will this memory have? c) How many...
True or false? Explain your answers. a. Payroll taxes do not affect a persons incentive to take a job because they are paid by employers. b. A lump-sum tax is a proportional tax because it is the...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
A beam of 40-eV electrons traveling in the +x-direction passes through a slit that is parallel to the y-axis and 5.0wide. The diffraction pattern is recorded on a screen 2.5 m from the slit. (a) What...
Brightcove, Inc. acquires Ciber, Inc. for $50 million in cash and accounts for the acquisition as a merger. Ciber's balance sheet at the date of acquisition is as follows (in thousands): Brightcove...
Solve the two-finger Morra game introduced at the beginning of this section. Data from two-finger Morra game Nonstrictly Determined Games: Example Now we consider some interesting nonstrictly...
In general, do timing options make it more or less likely that a project will be accepted today? AppendixLO1
The data file counties.dat contains information on land area, population, number of physicians, unemployment, and a number of other quantities for an SRS of 100 of the 3141 counties in the United...
David wants to buy a house for $580,000 by borrowing this amount from a bank at 5.8 percent interest rate. The loan will be repaid in equal monthly payments over 20 years. Calculate the monthly...
Consider the operations of a fast-food restaurant serving pre-made pasta dishes to its guests. The operation consists of four steps. Each customer is first greeted and offered a menu and a tray,...
True or false? Explain your answer. a. Policy choice A and policy choice B attempt to achieve the same social goal. Policy choice A, however, results in a much less efficient use of resources than...
When comparing households at different income levels, economists find that consumption spending grows more slowly than income. Assume that when income grows by 50%, from $10,000 to $15,000,...
An investor buys a bond for $10,000. The bond pays $200 interest every 6 months. After 18 months, the investor sells the bond for $9,500. Describe the types of income and/or loss the investor had.
Write a brief statement that interprets the confidence interval. Choose the correct answer below. A. There is a 99% chance that the true value of the population mean weight of newborn girls will fall...
Transcribed image text: If estimated annual factory overhead is $1,072,500; overhead is applied using direct labor hours, estimated annual direct labor hours are 275,000 actum March factory overhead...
Your firm has limited capital to invest and is therefore interested in comparing projects based on the profitability index (PI), as well as other measures. What is the PI of the project with the...
The following rates are applicable to annual payroll in British Columbia Question 17 options: 1234 1.95% x total B.C. remuneration 1234 2.925% x (B.C. remuneration - $500,000) 1234 Tax Rate 1234...
Assume that different groups of couples use a particular method of gender selection and each couple gives birth to one baby. This method is designed to increase the likelihood that each baby will be...
Give an example of a standard from an organization you work for or have worked for that has the five characteristics of a complete standard.
United Business Forms capital structure is as follows: Debt ............................................ 35% Preferred stock ........................... 15 Common equity .......................... 50...
The accompanying table illustrates annual salaries and income tax owed by five individuals. Apart from the fact that they receive different salaries and owe different amounts of income tax, these...
A representative of the Canadian clothing industry recently made the following statement: Workers in Asia often work in sweatshop conditions earning only pennies an hour. Canadian workers are more...
The mayor of Gotham City, worried about a potential epidemic of deadly influenza this winter, asks an economic adviser the following series of questions. Determine whether a question requires the...
What is the duration for the following bond with annual payments? 5.6300 5.7957 4.9894 5.1910 5.3806
DOLLAR TREE GROCERY OUTLET Short-Term Liquidity 2021 2022 2021 2022 Current Ratio 1.35 1.51 1.86 1.67 Quick Ratio 0.24 0.15 0.63 0.42 Cash Ratio Cash Conversion Cycle 34.78 45.75 19.41 21.61 Days...
A family has a $117,443, 25-year mortgage at 5.4% compounded monthly. (A) Find the monthly payment and the total interest paid. (B) Suppose the family decides to add an extra $100 to its mortgage...

True or false? Explain your answers. a. Payroll taxes do not affect a persons incentive to take

Question:

Step by Step Answer:

a False Payroll taxes can affect a persons incentive to take a job indirectly because they are ultim...View the full answer

Macroeconomics

Students also viewed these Business questions