Supply-siders' policy recommendations include:
a. lower tax rates, spending cuts, and increased government regulation.
b. lower tax rates, lower resource prices, and decreased government regulation.
c. lower tax rates, spending increases, and decreased government regulation.
d. lower tax rates, spending increases, and increased government regulation.
e. higher tax rates, spending cuts, and decreased government regulation.
b
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The value of tires purchased by a company to use on its cars is not included when calculating the gross domestic product (GDP)
a. True b. False Indicate whether the statement is true or false
A good research question should not be backed by time series data.
Answer the following statement true (T) or false (F)
Which of the following transactions represents the purchase of a final good or service?
A) General Motors purchases tires from Goodyear to install on its new Chevy Suburbans. B) Aunt Matilda buys a new convection oven for her condo in Boca Raton. C) Dunkin' Donuts purchases coffee beans. D) Tiffany's buys platinum wire to use in the production of its necklaces.
If a union raises initiation fees significantly and if employers in the industry hire only union workers, the supply of union labor curve will shift to the left
a. True b. False