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The city of Berne recently enacted a 1 0 % tax on the price of a subway ticket. Consequently, Mrs . Lane now walks to
The city of Berne recently enacted a tax on the price of a subway ticket. Consequently, Mrs Lane now walks to work instead of taking the subway. Her behavior illustrates the substitution effect of a tax increase.
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
