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Efficiency and Trade I ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' 1 ' What would be the general equilibrium effects of the following: Awealth tax Is applied to houses but not

Efficiency and Trade

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I ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' 1 ' What would be the general equilibrium effects of the following: Awealth tax Is applied to houses but not to apartments. (model the markets for houses and apartments) ' Asubsidy Is applied to sugar. (model the markets

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