According to supply-siders, an switch from taxing income to ...

[Destiiny22]

According to supply-siders, an switch from taxing income to taxing consumption to will
 
  a. lead to a permanent increase in output-per-worker.
  b. lead to a temporary increase in output-per-worker.
  c. lead to a decline in output-per-worker.
  d. not change output-per-worker.

Question 2

Monetarists believe that changes in the money stock
 
  a. have an immediate effect on the level of income.
  b. will always have a persistent impact on output for more than two years.
  c. do not affect the level of income to any great extent.
  d. have a persistent impact on output for as long as it takes the expected price level to adjust to the actual price level.
  e. both b and d.

[sokh]

Answer to Question 1

A

Answer to Question 2

D

[Destiiny22]

Thank you

[sokh]

No problemo