Problem
The analysis of taxation in the single-consumer economy used labor as an untaxed numeraire. Show that the optimal allocation with commodity taxation is unchanged when the consumption good becomes the untaxed nume´raire. Then establish that it does not matter which good is nume´raire and which is taxed.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.