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

Author Question: Any increase in the present value of taxes for the consumer implies A) an increase in lifetime ... (Read 66 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Any increase in the present value of taxes for the consumer implies
 
  A) an increase in lifetime wealth and an increase in current labor supply.
  B) an increase in lifetime wealth and a decrease in current labor supply.
  C) a decrease in lifetime wealth and an increase in current labor supply.
  D) a decrease in lifetime wealth and a decrease in current labor supply.

Question 2

Both Keynesians and supply-siders believe that tax cuts
 
  a. will increase income by increasing aggregate supply.
  b. will increase income by increasing aggregate demand.
  c. will increase income but for different reasons.
  d. will increase income in the Keynesian model but decrease income in the Supply-side model.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


kwoodring

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Habitat reconstruction is possible based on the kinds of plants present at past sites. Habitat reconstruction is possible based on the kinds of plants present at past sites.
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Everyday situations sometimes present opportunities for children to build information processing ... Everyday situations sometimes present opportunities for children to build information processing ...
The relationship between the number of stem cell divisions in the lifetime of a given tissue and the The relationship between the number of stem cell divisions in the lifetime of a given tissue and the
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library