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

Author Question: The Reagan administration's 1981 personal income tax changes were designed to: a. stimulate ... (Read 109 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stallen

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

c

Answer to Question 2

d





 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library