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

Author Question: Cuts in the marginal rate of income tax are claimed to have various beneficial supply-side effects. ... (Read 92 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516

Question 1

Give an example of demand-side policy which has supply-side effects. (Explain)

Question 2

Cuts in the marginal rate of income tax are claimed to have various beneficial supply-side effects. These are:

a) People work longer hours because the substitution effect from cutting the marginal rate of income tax is less than the income effect.
True / False
b) More people wish to work.
True / False
c) People work more enthusiastically.
True / False
d) Both equilibrium and disequilibrium unemployment fall even when wages are inflexible downwards.
True / False
e) Employment rises.
True / False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by NguyenJ on May 25, 2020

zenzy

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 35% of students answer this correctly




NguyenJ

  • Member
  • Posts: 516
Reply 2 on: May 25, 2020
Wow, this really help


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library