Author Question: According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply ... (Read 158 times)

Coya19@aol.com

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According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply and ________ aggregate output.
 
  A) decrease; decrease B) increase; decrease C) increase; increase D) decrease; increase

Question 2

Refer to Figure 18.3. In autarky, the maximum amount of scooters that Livonia can produce is
 
  A) 120. B) 100. C) 80. D) 40.


DylanD1323

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Answer to Question 1

D

Answer to Question 2

C



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