This topic contains a solution. Click here to go to the answer

Author Question: If the government raises income taxes, then the labor A) supply curve shifts rightward. B) ... (Read 88 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
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
Answer to Question 1

D

Answer to Question 2

A




saraeharris

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
:D TYSM


connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library