This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the government raises income taxes, then the labor A) supply curve shifts rightward. B) ... (Read 92 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
If the government raises income taxes, then the labor
 
  A) supply curve shifts rightward.
  B) demand curve shifts leftward.
  C) demand curve shifts rightward.
  D) supply curve shifts leftward.
  E) Both answers B and D are correct.

Question 2

If real GDP per person is above the subsistence level then, according to classical growth theory,
 
  A) the population will increase.
  B) the standard of living will continue to improve.
  C) the population will decrease.
  D) labor productivity will increase.
  E) more technological advances occur.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


saraeharris

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Gracias!

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Income per Capita versus Inequality Income per Capita versus Inequality
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
Blood Supply to the Lungs Blood Supply to the Lungs
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library