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vellojo vellojo
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7 years ago
In 2008, Britain decided to cut its value added tax (VAT) to 15 percent from 17.5 percent.  The VAT is similar to a sales tax. According to the supply-side view, this change will increase
   i.   the after-tax wage
   ii.   the incentive to work
   iii.   the supply of labor
A) i and ii only.
B) ii and iii only.
C) i, ii and iii.
D) ii only.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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7 years ago
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vellojo Author
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#2
7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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