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Home Q & A Board Other Fields Homework Help Business Economics
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DragoxCM16 DragoxCM16
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Posts: 482
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4 years ago
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
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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Kailz1218Kailz1218
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#1
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4 years ago
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DragoxCM16 Author
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4 years ago
Good timing, thanks!
annabananerz
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Yesterday
Just got PERFECT on my quiz
Fanmkreyol
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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