Register
Economists disagree on whether labor taxes cause small or large deadweight losses. This disagreement arises primarily because economists hold different views about about_____________.
154k views
4 votes
Economists disagree on whether labor taxes cause small or large deadweight losses. This disagreement arises primarily because economists hold different views about about_____________.

User Dsgdfg
by
5.3k points

1 Answer

4 votes

Answer:

The elasticity of labor supply

Step-by-step explanation:

Economist have been in disagreement on the number of work hours and rates of labor market participation has an effect on wage changes and this disagreement has lasted for a very long time. Labor economist supports that elasticities in labor supply is small from individuals, but macroeconomists do not agree with them. Macroeconomist are of the opinion that elasticities of labor supply are larger.

User Joe Mayo
by
4.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.1m questions

6.7m answers

Other Questions

Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Brett buys a new cell phone for​ $100. he receives consumer surplus of​ $80 from the purchase. how much does brett value his cell​ phone?
Link Copied!