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In 2012, a group in Germany proposed a wealth tax - on building, machinery and equipment-that would be levied on all employers having at least $1.4 million invested in such assets. Use the labor market theory learned in this chapter to analyze the labor-market effects on employees in large German firms and describe under what conditions German workers would be worse off.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91227038

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