According to supply-siders, an switch from taxing income to taxing consumption to will
a. lead to a permanent increase in output-per-worker.
b. lead to a temporary increase in output-per-worker.
c. lead to a decline in output-per-worker.
d. not change output-per-worker.
A
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The New York Stock Exchange handles only about 10 percent of all stock market transactions in the United States.
Answer the following statement true (T) or false (F)
The XYZ Co is hiring salespersons. They will be paid a very attractive hourly rate that is independent of how much they sell. Describe an adverse selection that would take place. Describe a moral hazard that would take place
What will be an ideal response?
Suppose Montesia, with a per capita GDP of $100,000 . grows at a rate of 3% per year and Argonia, with a per capita GDP of $2,000 . grows at a rate of 8% per year. The gap between the per capita GDPs of Argonia and Montesia will be _____ after 2 years
a. $103,680 b. $25,897 c. $562,320 d. $35,365
What is the quantity of coffee supplied and the quantity of coffee demanded at the equilibrium price?
a. 3,000 pounds supplied; 3,000 pounds demanded
b. 5,000 pounds supplied; 5,000 pounds demanded
c. 5,000 pounds supplied; 7,000 pounds demanded
d. 3,000 pounds supplied; 7,000 pounds demanded