Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
This is for my Public Economics course. Accurate answer and explanation please. Thank you so much.
—
1. What is the supply elasticity of labor for a primary worker in the United States? Given this elasticity, explain the incidence of a payroll tax levied on employers.
2. Suppose the labor supply elasticity for secondary workers is 1.0 in the United States. Compare the economic incidence of the payroll tax on employers for secondary employees with the incidence of the same tax on primary workers. Explain using graphs.
3. The U.S. personal income tax taxes nominal rather than real returns to savings and investments. Explain how taxing real returns to saving as opposed to taxing nominal gains returns might affect incentives to save and invest.
4. Explain the difference between the extensive margin and the intensive margin, as it applies to the relationship between the EITC and work effort.
5. Explain the main features of the Earned Income Tax Credit (EITC). Do the income and substitution effects associated with each phase of the program’s design induce a person to work more or less? Why?
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more