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For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). Tax Proposal Levied on Employers (Dollars per hour) 2 0 Levied on Workers (Dollars per hour) 0 2 Quantity Hired (Number of workers) After-Tax Wage Paid by Employers (Dollars per hour) After-Tax Wage Received by Workers (Dollars per hour)

For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). Tax Proposal Levied on Employers (Dollars per hour) 2 0 Levied on Workers (Dollars per hour) 0 2 Quantity Hired (Number of workers) After-Tax Wage Paid by Employers (Dollars per hour) After-Tax Wage Received by Workers (Dollars per hour)

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Supply, Demand And Government Policies
Section: Chapter Questions
Problem 9PA
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on Employers field (initially set at zero dollars per nour) shirts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. WAGE (Dollars per hour) 20 18 16 14 12 10 8 0 Supply 0 10 20 30 40 50 60 70 80 90 100 LABOR (Number of workers) Tax Proposal Demand D-Tax Levied on Employers (Dollars per hour) 2 0 1 Graph Input Tool Market for Laboratory Aides Wage (Dollars per hour) Labor Levied on Workers (Dollars per hour) 0 2 1 Demanded (Number of workers) Quantity Hired (Number of workers) Demand Shifter Tax Levied on Employers (Dollars per hour) 2 80 2 Supply Shifter Tax Levied on Workers (Dollars per hour) For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). Labor Supplied (Number of workers) After-Tax Wage Paid by Employers (Dollars per hour) (?) o The proposal in which the entire tax is collected from workers o The proposal in which the tax is collected from each side evenly o The proposal in which the tax is collected from employers O None of the proposals is better than the others 10 0 After-Tax Wage Received by Workers (Dollars per hour) Suppose the government is concerned that laboratory aides already make too little money and, therefore, wants to minimize the share of the tax paid by employees. Of the three tax proposals, which is best for accomplishing this goal?
Transcribed Image Text:on Employers field (initially set at zero dollars per nour) shirts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. WAGE (Dollars per hour) 20 18 16 14 12 10 8 0 Supply 0 10 20 30 40 50 60 70 80 90 100 LABOR (Number of workers) Tax Proposal Demand D-Tax Levied on Employers (Dollars per hour) 2 0 1 Graph Input Tool Market for Laboratory Aides Wage (Dollars per hour) Labor Levied on Workers (Dollars per hour) 0 2 1 Demanded (Number of workers) Quantity Hired (Number of workers) Demand Shifter Tax Levied on Employers (Dollars per hour) 2 80 2 Supply Shifter Tax Levied on Workers (Dollars per hour) For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). Labor Supplied (Number of workers) After-Tax Wage Paid by Employers (Dollars per hour) (?) o The proposal in which the entire tax is collected from workers o The proposal in which the tax is collected from each side evenly o The proposal in which the tax is collected from employers O None of the proposals is better than the others 10 0 After-Tax Wage Received by Workers (Dollars per hour) Suppose the government is concerned that laboratory aides already make too little money and, therefore, wants to minimize the share of the tax paid by employees. Of the three tax proposals, which is best for accomplishing this goal?
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