According to the classical system, a decrease in the income tax ...

[cabate]

According to the classical system, a decrease in the income tax rate reduces the after-tax real wage
 
  a. and shifts the labor supply schedule to the right.
  b. and shifts the labor supply schedule to the left.
  c. without shifting the labor supply schedule.
  d. None of the above

Question 2

The current account in a nation's balance of payments accounts includes
 
  a. exports of U.S. computers
  b. imports of German automobiles.
  c. purchases of foreign stocks.
  d. Both a and b
  e. All of the above

[ghepp]

Answer to Question 1

A

Answer to Question 2

D

[cabate]

Thanks for the timely response, appreciate it

[zacnyjessica]

YES! Correct, THANKS for helping me on my review