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Author Question: An increase in labor supply will increase the equilibrium wage rate. a. True b. ... (Read 63 times)

imowrer

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on: Jun 30, 2018
An increase in labor supply will increase the equilibrium wage rate.
 a. True
  b. False

Question 2

Income assistance benefits are
 a. taxed at a high marginal rate, in the sense that benefits sharply decrease as earned income increases
  b. taxed at a 20 percent marginal rate
  c. taxed at a high marginal rate in order to provide work incentives
  d. unaffected by increases in earned income
  e. positively related to income from other sources


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k.lashomb

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


imowrer

  • Member
  • Posts: 514
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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