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mayismqz mayismqz
wrote...
Posts: 504
Rep: 1 0
6 years ago
If manufacturer's new orders received for consumer goods are starting to fall, real GDP is most likely
 
  A) beginning to rise.
  B) bottoming out.
  C) getting ready to decrease.
  D) already decreasing.

Question 2

If the government replaces a lump sum tax with a proportional labor income tax, then
 
  A) employment and output increase.
  B) employment increases and output decreases.
  C) employment decreases and output increases.
  D) employment and output decrease.
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Replies
wrote...
6 years ago
Answer to q. 1

C

Answer to q. 2

D
mayismqz Author
wrote...
6 years ago
What an excellent community, thanks for answering
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