The gross domestic product of a small country which has a population of 200,000 is 56,000,000. The income per capita of the country is ________.
A) 280 B) 200 C) 50 D) 100
Question 2
An increase in the employment tax will have no effect on output if the labor supply curve
A) is perfectly vertical. B) has a positive slope.
C) is perfectly horizontal. D) has a negative slope.