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Ao9 Ao9
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8 years ago
At the competitive equilibrium with a positive proportional labor income tax
A) the real wage before tax is lower than the marginal product of labor.
B) We cannot say.
C) the real wage before tax equals the marginal product of labor.
D) the real wage before tax exceeds the marginal product of labor.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Wow!!
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#3
8 years ago
Glad to help...
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