The supporters of a proposal to increase marginal taxes on those earning over 200,000 a year say this change would generate 100 billion in new tax revenues. A supply-side economist would argue that the actual revenue raised will be
A) exactly 100 billion because there are no offsetting factors to a tax increase.
B) more than 100 billion, because lower income people will work harder when they perceive the tax system to be fairer.
C) more than 100 billion because interest rates will also be affected.
D) less than 100 billion because some people will respond by working less.
Question 2
The rate of return that households expect on their savings is determined by:
A) exchange rates. B) interest rates.
C) government expenditure. D) tax rates.
History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
W-2 form issued to employees at the end of the year.
Infant: 4 weeks to 1 year.
Compression used to increase circulation when the athlete is clothed.
Overfished per year
How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ...