You are an economic advisor to the president. You are asked to recommend a policy to promote long-term economic growth in the economy. Which of the following policies would you choose?
A) a reduction in taxes on luxury yachts B) an investment tax credit
C) a reduction in sales taxes D) all of the above
Question 2
A monopsony restricts the quantity of a factor demanded to force down the price of the factor and increase profits.
Indicate whether the statement is true or false
