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jwalker824 jwalker824
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A year ago
Which of the following does NOT illustrate one of the three principles of economics?

▸ Congress proposes an increase in income taxes, but they are worried that the tax hike might discourage work. Economists at the Congressional Budget Office are asked to examine data to see how labor supply responds to changes in the tax rate.

▸ Mallory owns a physical therapy clinic and has to decide if hiring an additional physical therapist would allow her to expand her business enough to offset the cost of the additional therapist and thus increase her profits.

▸ Jessica is looking for a new job, but there are no jobs available.

▸ When driving on the highway, if one lane is moving faster than the other, people will change lanes until both lanes are moving at the same speed.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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studyinnursestudyinnurse
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A year ago
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jwalker824 Author
wrote...

A year ago
Thanks for your help!!
kaytee23
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Yesterday
Thanks
carston
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2 hours ago
Good timing, thanks!
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