What would be the effect on the labor supply curve of a higher income tax rate?
Answer: leftward shift of the supply of labor curve
Economics
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How do we arrive at a Nash equilibrium in a matrix game?
What will be an ideal response?
Economics
Which types of investment accounts are investors likely to choose if they are trying to minimize risk? Why?
What will be an ideal response?
Economics
In the long run, an increase in the growth rate of the money supply causes the inflation rate to ________, which then causes the nominal interest rate to ________
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Economics
What is a positive externality?
What will be an ideal response?
Economics