\n<\/p>\n

<\/p>\n<\/p>\n

1000-1500 words<\/p>\n

Part I<\/strong><\/p>\n

The
\ngovernment decides to tax cookbooks because they feel that they
\nencourage overeating and can lead to health issues, such as obesity and
\nheart disease. Answer the following:<\/p>\n

\n
What type of tax is this? Explain.<\/li>\n
What happens to the supply of cookbooks?<\/li>\n
Who pays the tax at the end?<\/li>\n
Is this a good way to finance programs to improve health?<\/li>\n
What other types of tax can the government use to increase revenues?<\/li>\n<\/ul>\n
Part\u00a0II<\/strong><\/p>\n
Justcookbooks.com becomes wildly successful in the United States, and you decide to export overseas. Answer the following:<\/p>\n
\n
Does this reflect an absolute or a comparative advantage?<\/li>\n
Name\u00a0some issues that you will encounter as you become a multinational corporation.<\/li>\n<\/ul>\n
Part III<\/strong><\/p>\n
In the article entitled “The Economic Effects of Labor Unions Revisited<\/a>,”
\nVedder and Galloway attempt to prove statistically, using historical
\ndata, that labor unions do not have a good effect on the economy. Read
\nthe article, and explain the following microeconomic concepts that the
\nauthors discuss and how they are related to unions:<\/p>\n
\n
Demand, supply, and equilibrium wage rates of labor<\/li>\n
Unemployment<\/li>\n
Real GDP and economic growth<\/li>\n
Income per capita<\/li>\n
Population growth and aging<\/li>\n
The article focuses on harmful economic effects, but also mentions some positive aspects. What are they?<\/li>\n<\/ul>\n
\n<\/div>\n","protected":false},"excerpt":{"rendered":"
1000-1500 words Part I The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease. Answer the following: What type of tax is this? Explain. What happens to the supply of cookbooks? Who pays the tax at the end? Is this […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/164324"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=164324"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/164324\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=164324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=164324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=164324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}