The double dividends hypothesis pertains to the effects of this concept, of which the Pigouvian type is used to match the individual and societal marginal cost curves.
The double dividends hypothesis pertains to the effects of this concept, of which the Pigouvian type is used to match the individual and societal marginal cost curves. This concept is influenced by marginal benefits received in Lindahl's model. Frank P. Ramsey proposed that, like monopolistic pricing, this should be inversely proportional to the price elasticity of demand in order to reduce deadweight losses. The Laffer curve plots revenue against its rate. Supply-side economics, promoted by Ronald Reagan, includes their reduction. For 10 points, name these levies imposed by a government.
The double dividends hypothesis pertains to the effects of this concept, of which the Pigouvian type is used to match the individual and societal marginal cost curves.
taxes