Question
Multiple Choice In the eighteenth century, the English government charged a tax to property owners that was based on the number of windows in a
Multiple Choice
In the eighteenth century, the English government charged a tax to property owners that was based on the number of windows in a home. What would you expect to be the outcome of this tax? Do not worry about the underlying facts, only whether the answers make economic sense. (Select one or more.)
(a) The price per window in a home increased.
(b) The price per window in a home decreased.
(c) The tax targeted people with more wealth because windows are a normal good.
(d) The tax targeted people with more wealth because windows are an inferior good.
(e) The tax targeted everyone equally because it was a lump sum transfer.
(f) There were more windows constructed as a result of the government intervention.
(g) There were fewer windows constructed as a result of the government intervention.
(h) Window manufacturers earned more because the price rose to compensate for the tax.
(i) Window manufacturers were unaffected because the tax only targeted consumers.
(j) Window manufacturers earned less because they bore some of the incidence of the tax.
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