Author Question: Public goods have to be produced by the public sector. a. True b. ... (Read 59 times)

burchfield96

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Public goods have to be produced by the public sector.
 
  a. True b. False

Question 2

The above figure shows a competitive firm's demand for labor assuming that the firm's output sells for 1 per unit. If the wage is 5 per hour, a 2 percent cut in all the workers' income tax will cause the firm to
 
  A) demand less labor.
  B) demand more labor.
  C) raise the wage paid to the worker.
  D) None of above.


Awesome

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Answer to Question 1

b

Answer to Question 2

B



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burchfield96

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Awesome

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