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Author Question: The government increases the corporate profits tax. As a result, corporate profits decrease. This will (Read 509 times)

madam-professor

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on: Apr 19, 2019

The government increases the corporate profits tax. As a result, corporate profits decrease. This will


◦ have no effect on households.
◦ decrease the nonlabor income of households, causing consumption to decrease and labor supply to decrease.
◦ decrease the nonlabor income of households, causing consumption to decrease and labor supply to increase.
◦ decrease the nonlabor income of households, causing consumption to decrease and labor supply to decrease or increase depending on the relative magnitude of the income and substitution effects.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by madam-professor on Apr 19, 2019

rleezy04

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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madam-professor

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

raenoj

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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