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NYC NYC
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8 years ago
The government reduces the corporate profits tax. As a result, corporate profits increase. This will ________ the nonlabor income of households, causing consumption to ________ and labor supply to ________.
A) increase; increase; decrease
B) increase; increase; increase
C) decrease; decrease; increase
D) decrease; decrease; decrease
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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