A nation shifts from a very progressive tax system (with a higher tax rate on higher incomes) to a tax system that taxes all wages at the same rate.Both systems collect about the same revenues.This shift is likely to
A) decrease the fraction of the population getting more education.
B) increase the fraction of the population getting more education.
C) have no effect on the fraction of the population getting more education.
D) increase the fraction of the population wanting to work long hours.
Correct Answer:
Verified
Q22: For education to serve as a signal,
A)
Q23: John is trying to decide whether to
Q24: Age/earnings profiles fan out by educational attainment
Q25: In the signaling model,assume high school graduates
Q26: Which of the following would likely,in the
Q28: The market for engineers is initially in
Q29: Mary can take a class that costs
Q30: Which of the following will increase the
Q31: Which of the following best explains why
Q32: Suppose an individual expects to receive a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents