True/False
Suppose tastes for consumption now and consumption in the future have constant elasticity of substitution.It may then be the case that a tax on interest income is efficient even if savings fall in response to the tax.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Regardless of whether goods are inferior or
Q3: If supply is perfectly elastic in a
Q4: Suppose tastes for consumption now and consumption
Q5: Suppose demand has price elasticity of 1
Q6: Regardless of how price elastic labor demand
Q7: Which of the following is definitely true
Q8: To identify the burden of a per-unit
Q9: A tax on interest income could be
Q10: When the leisure demand curve is relatively
Q11: Which of the following is true about