« previous next »

Author Question: A study by Edward Prescott found that the ________ marginal tax rates in the United States relative ... (Read 48 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
A study by Edward Prescott found that the ________ marginal tax rates in the United States relative to Europe resulted in a ________ quantity of labor supplied in the United States.
 
  A) higher; smaller B) lower; smaller C) lower; larger D) higher; larger

Question 2

If tax reduction and simplification are effective, then
 
  A) fewer new firms will be established, since existing firms will make more profit.
  B) saving and investment in new capital will increase.
  C) interest rates will rise in financial markets and demand for financial assets falls.
  D) real wages will rise as labor supply and demand increase.


asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Sivapithecus is a Miocene ape (middle) with anatomical similarities to orangutans (left) rather than Sivapithecus is a Miocene ape (middle) with anatomical similarities to orangutans (left) rather than
The United States, 1819 The United States, 1819
On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen- On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen-
States that require licensing or certification. Graphic provided by Associated Bodywork & ... States that require licensing or certification. Graphic provided by Associated Bodywork & ...
Elements Found in Organisms Elements Found in Organisms
Relative expression times and amounts of cyclins during the cell cycle Relative expression times and amounts of cyclins during the cell cycle
Video: Cellular Defects - Osteoblasts, Osteoclasts and Osteocytes

For a complete list of videos, visit our video library