This topic contains a solution. Click here to go to the answer

Author Question: Adam Smith (1776) is primarily associated with the theory that industrialization proceeds at the ... (Read 34 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
Adam Smith (1776) is primarily associated with the theory that industrialization proceeds at the expense of the working class.
 
  Indicate whether the statement is true or false

Question 2

The Keynesian economists do not believe that a cut in the marginal income tax rate will have strong effects on aggregate supply because they
 
  a. do not believe that business investment will respond strongly to changes in the after-tax rate of return to capital.
  b. do not believe that labor supply will respond strongly to changes in the after-tax real wage.
  c. do not believe that labor demand will respond strongly to a change in the after-tax real wage.
  d. believe monetary policy will be too restrictive to allow strong output growth.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

False

Answer to Question 2

B




bclement10

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library