This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Cuts in the marginal rate of income tax are claimed to have various beneficial supply-side effects. ... (Read 60 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: May 25, 2020

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
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


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
Reply #1 on: May 25, 2020
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
YES! Correct, THANKS for helping me on my review

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
The relation between drug tolerance and withdrawal effects. The same adaptive neurophysiological ... The relation between drug tolerance and withdrawal effects. The same adaptive neurophysiological ...
Chest x-ray of lung cancer; cancer is seen on the left side. Chest x-ray of lung cancer; cancer is seen on the left side.
Stretching the hip flexors with the recipient side-lying. Stretching the hip flexors with the recipient side-lying.
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library