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Author Question: Which of the following causes a decrease in labor supply? (Read 13 times)

jhjkgdfhk

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Question 1

A decrease in consumption and an increase in labor supply would result from


◦ a decrease in tax rates.
◦ a decrease in transfer payments.
◦ an increase in transfer payments.
◦ an increase in government spending.

Question 2

Which of the following causes a decrease in labor supply?


◦ when wages and the price level decrease proportionately
◦ an increase in income tax rates
◦ an increase in the general price level
◦ an increase in transfer payments


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Marked as best answer by jhjkgdfhk on Apr 19, 2019

bpool94

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jhjkgdfhk

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bpool94

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