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Be able to graph and interpret the model of behavioral implications of a personal income tax. (the Neoclassical Model of Labor-Leisure Tradeoff). What are the

Be able to graph and interpret the model of behavioral implications of a personal income tax. (the Neoclassical Model of Labor-Leisure Tradeoff). What are the income effect and substitution effect of a tax on the labor-leisure tradeoff?

ALSO Be able to graph and understand various tax structures on the labor-leisure tradeoff model.

there is no missing info.

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