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Author Question: Cuts in the marginal rate of income tax are claimed to have various beneficial supply-side effects. ... (Read 55 times)

NguyenJ

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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
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Marked as best answer by NguyenJ on May 25, 2020

zenzy

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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.
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NguyenJ

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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