Discuss how tax incentives operate within an economy. Illustrate and discuss the possible effects of such incentives on employers and the welfare of employees
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Discuss how tax incentives operate within an economy. Illustrate and discuss the possible effects of such incentives on employers and the welfare of employees
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- 9. What could the community, state, or national government do to help workers like Mary? How could the community, state, or national government help Mary’s company promote healthy behaviors?27. The sales department manager for a laminate flooring company has been considering changing the commission program, a change that would affect the income of all employees in the sales department. Information about the new commission structure is released when a document detailing the change is accidentally left on the printer, and a number of complaints soon followed. The department manager is reconsidering the change based on these complaints. Which barrier to change is this company experiencing? A.Misalignment between the change and the mission of the organization B.Fear that the culture of the organization may change C.Lack of infrastructure or training to support the change D.Negative employee attitude towards the changeOn the following graph, use the green line (triangle symbol) to show the effect this employer mandate has on the demand for labor. (?) 20 Demand Supply New Demand New Supply + Equilibrium Before Law Equilibrium After Law A 0 10 Quantity of Labor (Thousands) Topic 6 Homework (Custom) Suppose employees place a value on this benefit exactly equal to its cost. On the preceding graph, use the purple line (diamond symbol) to show the effect this employer mandate has on the supply of labor. Suppose the wage is free to balance supply and demand. Use the black point (plus symbol) to indicate the equilibrium wage and level of employment before this law, and use the grey point (star symbol) to indicate the equilibrium wage and level of employment after this law is implemented. True or False: Employers are made worse off but employees are made better off by this law. True False Suppose that, before the mandate, the wage in this market was $3 above the minimum wage. per hour, which will lead to in…
- FUTA is a federal tax that is paid by employers for each employee to provide _____ compensation to workers who have lost their jobs. a. Medicare b. unemployment c. self employment d. social securityWrite a sentence or two defining the following terms in your own words. Give examples of each. a. Dishonest Workers b. Elastic Demand c. EntreprenuershipWhat does the research and experimentation tax credit do? It offers a tax benefit to individuals who work in research and development. It offers firms a tax reduction depending on how much research and development they do. Generates significant tax revenue for the federal government. It offers firms a tax reduction depending on hiring of scientific and technical personnel.
- How does a bilateral monopoly affect the equilibrium wage and employment levels compared to a perfectly competitive labor market?Why do employers have a natural advantage in bargaining with employees?Explain i11each of the following situations how market forces might give a business an incentive to act in a less discriminatory fashion. A local flower delivery business run by a bigoted white owner notices that many of its local customers are black. An assembly line has traditionally only hired men, but it is having a hard time hiring sufficiently qualified workers. A biased owner of a firm that provides home health care services would like to pay lower wages to Hispanic workers than to other employees.
- If the United States allows a greater quantity of highly skilled workers, what will be the impact on the average wages of highly skilled employees?4) Based on the numbers, calculate how many workers should be employed by the firm in perfect competition. Price= $5 for the product and wage = $50 per day. # of workers Output MPL MRP 1 33 2 65 3 90 4 100 106 * If the business decided to cut the employees pay to $30 a day, how many employees would they be able to use? At what wage would the business not be able to afford any workers? Explain.What do you think would happen if there were no taxes and you could spend all your money on capital and employee wages?
