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S. If government requires each proprietor to pay a tax of 6,000 francs per year, are the Physiocrats correct when they say that in effect,

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S. If government requires each proprietor to pay a tax of 6,000 francs per year, are the Physiocrats correct when they say that in effect, the government actually owns 30 percent of the country's agricultural land'iI Why or why not? Explain your answer in 100 words or less. 9. Suppose a buyer purchases one plot of land at the price you calculated in your answer to (7). The buyer must pay 6,000 francs per year to the government. However, the Physiocrats state that the buyer of the plot of land is, in effect, paying no tax. Do you agree with the Physiocrats'? Why or why not? Explain your answer in 100 words or less. 10. Assume that the government stops taxing land aer the buyer has made her purchase. Assume the rate of return on land is 4 percent and that the value of annual net product 'om a plot continues to be 20,000 'ancs. Calculate the value of the gift the buyer has received 'om the government

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