Author Question: An increase in the income tax rate ________ the value of the tax multiplier. A) decreases B) ... (Read 52 times)

Beheh

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An increase in the income tax rate ________ the value of the tax multiplier.
 
  A) decreases B) increases
  C) has no effect on D) may increase or decrease

Question 2

The real business cycle theory is based on all of the assumptions below EXCEPT
 
  A) flexible wages. B) flexible prices. C) pure competition. D) small menu costs.



Cheesycrackers

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Answer to Question 1

A

Answer to Question 2

D



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