Several political leaders have proposed that parents be granted a ...

[Frost2351]

Several political leaders have proposed that parents be granted a substantially larger reduction in their annual personal income taxes for each child that they raise. The economic way of thinking indicates that legislation of this type would:
 a. make it more expensive for parents to provide for their children.
 b. reduce the value of children to their parents and therefore lead to a reduction in the birth rate.
 c. reduce the after-tax cost of raising children and therefore increase the birth rate.
 d. exert no impact on either the cost of raising children or the birth rate since parenting children is a non-economic activity.

Question 2

Thomas Malthus's predictions did not come to pass because he implicitly assumed that there would be no technological advances and did not foresee that agricultural land was not completely fixed in quantity or quality.
 a. True
  b. False
  Indicate whether the statement is true or false

[abro1885]

Answer to Question 1

c

Answer to Question 2

True

[Frost2351]

Correct answers!

[abro1885]

Great! Please up vote