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smitch6 smitch6
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6 years ago
The substitution effect that results from a decrease in total factor productivity
A) is a shift from the labour input to the capital input.
B) involves substitution of government spending for consumption.
C) substitutes lump sum taxes for taxes on firms.
D) is zero.
E) is the substitution of consumption for leisure.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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smitch6 Author
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6 years ago
Smart ... Thanks!
husne
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Yesterday
this is exactly what I needed
jodie1
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2 hours ago
Helped a lot
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