Consider the cases for and against a poll tax.
Answer to relevant QuestionsUnder what circumstances would a rise in income tax act as (a) a disincentive and (b) an incentive to effort?Distinguish between publicly provided goods, public goods and merit goods.The USA is the world’s largest emitter of CO2, and China is the second largest. What issues arise from this in the formulation of a global policy to reduce CO2 emissions?If two or more firms are charging similar prices, does this imply that collusion is taking place? What evidence would you need to determine the existence of collusion?For what reasons might GDP be a poor indicator of (i) The level of development of a country; (ii) Its rate of economic development?
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