Author Question: According to this Application, some conservatives worry that a value-added tax ________ and some ... (Read 23 times)

laurencescou · **on:** Jun 30, 2018

According to this Application, some conservatives worry that a value-added tax ________ and some liberals worry that a value-added tax ________.

A) will penalize high-income individuals; will decrease per-capita GDP
B) will discourage consumers from saving; will decrease federal tax revenue
C) will result in consumers not realizing all the taxes they pay; is regressive
D) is progressive; will reduce investment.

Question 2

Collective bargaining between unions and employers often lead:

A) to wages that are lower than what workers would have received at equilibrium.
B) to reduction in the unemployment rate.
C) to wages that are higher than what workers would have received at equilibrium.
D) to wages equal to what workers would have received at equilibrium.