Author Question: According to supply-side economics, a(n) ________ in the tax rate tends to increase the labor supply ... (Read 155 times)

Coya19@aol.com

  • Hero Member
  • *****
  • Posts: 601
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.


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library