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Author Question: According to supply-siders, an switch from taxing income to taxing consumption to will a. lead to ... (Read 112 times)

Destiiny22

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on: Jun 30, 2018
According to supply-siders, an switch from taxing income to taxing consumption to will
 
  a. lead to a permanent increase in output-per-worker.
  b. lead to a temporary increase in output-per-worker.
  c. lead to a decline in output-per-worker.
  d. not change output-per-worker.

Question 2

Monetarists believe that changes in the money stock
 
  a. have an immediate effect on the level of income.
  b. will always have a persistent impact on output for more than two years.
  c. do not affect the level of income to any great extent.
  d. have a persistent impact on output for as long as it takes the expected price level to adjust to the actual price level.
  e. both b and d.


sokh

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

A

Answer to Question 2

D


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Destiiny22

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Reply #2 on: Jun 30, 2018
Thank you


sokh

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Reply #3 on: Jun 30, 2018
No problemo


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