QUESTION 22 The value of land (as diannot trom human improvements to landi is oreated by nature and sodiety. In adolion, the supply of land is perfectiy inelastio. Iam a strong advooate of raising taxes on land and other natural resourcee, but also reducing tax improvemernts (eg. buldingn). Which of the folkowing statements about siting taxes from buidrgs to land is FALSE? on human The supply of buidrgs woud increase, eupecialy where land values are high None of the land tax inorease woud be pased on to reriers The tax shit would reduce speoulation in land The tax sit would create a dead weight los of ecoromic surplus The tax ohit should reduce urban aprawl
QUESTION 22 The value of land (as diannot trom human improvements to landi is oreated by nature and sodiety. In adolion, the supply of land is perfectiy inelastio. Iam a strong advooate of raising taxes on land and other natural resourcee, but also reducing tax improvemernts (eg. buldingn). Which of the folkowing statements about siting taxes from buidrgs to land is FALSE? on human The supply of buidrgs woud increase, eupecialy where land values are high None of the land tax inorease woud be pased on to reriers The tax shit would reduce speoulation in land The tax sit would create a dead weight los of ecoromic surplus The tax ohit should reduce urban aprawl
Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter18: Pricing The Factors Of Production
Section: Chapter Questions
Problem 4TY
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