In many countries, income earned from financial investments is taxed at a higher rate than income earned from employment. What might explain this? * The marginal utility from employment dollars is greater than that from investment dollars. The marginal utility from employment dollars is less than that from investment dollars. None of the above. The consumer surplus derived from employment income is greater than that from investment income. The consumer surplus derived from employment
In many countries, income earned from financial investments is taxed at a higher rate than income earned from employment. What might explain this? * The marginal utility from employment dollars is greater than that from investment dollars. The marginal utility from employment dollars is less than that from investment dollars. None of the above. The consumer surplus derived from employment income is greater than that from investment income. The consumer surplus derived from employment
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST2: The Economics Of Social Security
Section: Chapter Questions
Problem 6CQ
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