Author Question: According to supply-side economists, lowering corporate income taxes: a. results in wage hikes for ... (Read 55 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
According to supply-side economists, lowering corporate income taxes:
 a. results in wage hikes for employees but no economic growth.
  b. moves society toward greater income equality.
  c. checks the expansion of real GDP and employment.
  d. stimulates investment and economic growth.
  e. does not create enough incentive for producers to increase production.

Question 2

A graph showing the inverse relationship between the economy's rate of unemployment and rate of inflation is called the:
 a. Laffer curve.
  b. aggregate expenditure model.
  c. Keynesian cross.
  d. Phillips curve.
  e. consumption curve.



sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library