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r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
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jake82 jake82
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A year ago
The graphs show the supply (S) and demand (D) in the market for labor that has a tax on labor income, in the market for capital that has a tax on capital income, and in the market for land that has a tax on land income.



Assume that P1=$12.50, P2=$24.00, P3=$36.50, Q1=$320, Q2=785, and Q3=1,130. Which tax is most efficient? Which is the least efficient?

▸ labor tax, land tax

▸ capital tax, labor tax

▸ capital tax, land tax

▸ land tax, capital tax
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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ordinarykathyordinarykathy
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A year ago
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