According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply ...

Author Question: According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply ... (Read 126 times)

Coya19@aol.com

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Posts: 601

on: Jun 30, 2018

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.

Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7^th Edition

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DylanD1323

Sr. Member
Posts: 314

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

C

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Coya19@aol.com

Hero Member
Posts: 601

Reply #2 on: Jun 30, 2018

Correct answers!

DylanD1323

Sr. Member
Posts: 314

Reply #3 on: Jun 30, 2018

Great! Please up vote

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Author Question: According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply ... (Read 126 times)

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