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Author Question: The Reagan administration's 1981 personal income tax changes were designed to: a. stimulate ... (Read 47 times)

biggirl4568

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The Reagan administration's 1981 personal income tax changes were designed to:
 a. stimulate aggregate demand and reduce unemployment.
 b. stimulate aggregate demand and increase economic growth.
  c. stimulate aggregate supply and increase economic growth.
  d. decrease aggregate demand in order to reduce inflation.
 e. increase tax revenues to reduce the federal budget deficit.

Question 2

A firm will employ an additional unit of labor as long as the employment of labor adds more to the firm's revenue than it does to the firm's:
 a. product price.
  b. accounting profit.
  c. residual claim.
  d. cost.



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stallen

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Answer to Question 1

c

Answer to Question 2

d





 

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