Question: How do and change when increases (calculate the partial derivatives of each with respect to )? Is this an income effect or substitution effect? Suppose

How do and change when increases (calculate the partial derivatives of each with respect to )? Is this an income effect or substitution effect? Suppose the government imposes a lump sum tax, > 0, on each worker that cannot be avoided. What is the new budget constraint? (3 points)

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