« previous next »

Author Question: A study by Edward Prescott found that the ________ marginal tax rates in the United States relative ... (Read 71 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
A study by Edward Prescott found that the ________ marginal tax rates in the United States relative to Europe resulted in a ________ quantity of labor supplied in the United States.
 
  A) higher; smaller B) lower; smaller C) lower; larger D) higher; larger

Question 2

If tax reduction and simplification are effective, then
 
  A) fewer new firms will be established, since existing firms will make more profit.
  B) saving and investment in new capital will increase.
  C) interest rates will rise in financial markets and demand for financial assets falls.
  D) real wages will rise as labor supply and demand increase.


asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells
Fish come in many shapes and sizes. This is a sea dragon, a close relative of the seahorse. Their le Fish come in many shapes and sizes. This is a sea dragon, a close relative of the seahorse. Their le
Time dependence of the rates of a chemical reaction Time dependence of the rates of a chemical reaction
Eugène Delacroix, Study for The Death of Sardanapalus. Eugène Delacroix, Study for The Death of Sardanapalus.
Sociologists study the social factors that underlie human behavior, the experiences that mold us, ... Sociologists study the social factors that underlie human behavior, the experiences that mold us, ...
The Distribution of Growth Rates, 1975–2009 The Distribution of Growth Rates, 1975–2009
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library