Business, 24.10.2019 01:00 sofia3226

Yi and avik are both economists. yi thinks that taxing consumption, rather than income, would result in higher household saving because income that is saved would not be taxed. avik does not think that household saving would respond much to a change in the tax laws. in this example, yi and avik a. hold different normative views about the taxsystem. b. disagree about the validity of a positive theory. c. have a fundamental misunderstanding of thetax system. d- more than one of the above is correct

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Yi and avik are both economists. yi thinks that taxing consumption, rather than income, would result...

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