ng.cengage.com C C + 88 Apple Yahoo Bing Google Wikipedia Facebook Twitter Linkedin The Weather Channel Yelp TripAdvisor Paraphrasing T.| QuillBot Al Kurzweil 3000 Log into your . External Link Ebook and Mindtap Homework Fall 2022 Mind Tap - Cengage Learning Course Hero Daisha CENGAGE | MINDTAP Search this course My Home Homework (Ch 06) X Courses Back to Assignment Catalog and Study Tools Attempts 1.7 Keep the Highest 1.7 / 2 A-Z Rental Options 6. Who should pay the tax? College Success Tips The following graph shows the labor market for research assistants in the fictional country of Collegia. The equilibrium wage is $10 per hour, and the Career Success Tips equilibrium number of research assistants is 200. Suppose the government has decided to institute a $2-per-hour payroll tax on research assistants and is trying to determine whether the tax should MMENDED FOR YOU e levied on the employer, the workers, or both (such that half the tax is collected from each side). Use the graph input tool to evaluate these three proposals. Entering a number into the Tax Levied on Employers field (initially set at zero dollars per bango hour) shifts the demand curve down by th t you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve nine the before-tax wage for each tax proposal, adjust the amount in the The Importance of Sleep Wage field until the quantity of labor su s the quantity of labor demanded. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. ? Help Give Feedback Graph Input Tool (?) Market for Research Assistants Supply Wage (Dollars per hour) Labor Demanded 320 Labor Supplied 80 Number of workers) Number of workers) Demand Shifter Supply Shifter WAGE (Dollars per hour) Tax Levied on Tax Levied on Employers Workers (Dollars per hour) (Dollars per hour) 40 80 120 160 200 240 280 320 360 400 LABOR (Number of workers) For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers) After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Levied or Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers ) (Dollars per hour) (Dollars per hour)h 0 ng.cengage.com C + 88 Apple Yahoo Bing Google Wikipedia Facebook Twitter Linkedin The Weather Channel Yelp TripAdvisor Paraphrasing T.| QuillBot Al Kurzweil 3000 Log into your .External Link Ebook and Mindtap Homework Fall 2022 Mind Tap - Cengage Learning Course Hero Daisha CENGAGE | MINDTAP Search this course My Home Homework (Ch 06) X Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph. Courses Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Catalog and Study Tools A-Z Rental Options Graph Input Tool ? College Success Tips Market for Research Assistants Career Success Tips Supply (Dollars per hour) MMENDED FOR YOU Labor Demanded Labor Supplied (Number of workers) 320 (Number of workers) 80 Demand Shifter Supply Shifter WAGE (Dollars per hour) bango Employers Tax Levied on demand (Dollars per hour) (Dollars per hour) The Importance of Sleep 40 80 120 160 200 240 280 320 360 400 ? Help LABOR (Number of workers) Give Feedback For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers). After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers ) (Dollars per hour) (Dollars per hour) 0 Suppose the government is concerned that research assistants already make too little money and, therefore, wants to minimize the share of the tax paid by employees. Of the three tax proposals, which is best for accomplishing this goal? The proposal in which the entire tax is collected from workers The proposal in which the tax is collected from each side evenly O The proposal in which the tax is collected from employers None of the proposals is better than the others Grade It Now Save & Continue Continue without saving