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Author Question: Let S = y - (100 + 0.5y). Assume no government or foreign sectors. At the equilibrium level of ... (Read 89 times)

swpotter12

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on: Jun 30, 2018
Let S = y - (100 + 0.5y). Assume no government or foreign sectors. At the equilibrium level of income, y = 800, the level of saving is
 
  A) 0. B) 50. C) 100. D) 300.

Question 2

Recall the Application. If country A has a lower overall income tax rate than country B, and labor can freely and easily move between the two countries, real wages in country A will tend to ________ and employment in country A will tend to ________.
 
  A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; increase


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ktidd

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


swpotter12

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Reply 2 on: Jun 30, 2018
Gracias!

Dominic

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Reply 3 on: Yesterday
:D TYSM

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