If the government raises income taxes, then the labor
A) supply curve shifts rightward.
B) demand curve shifts leftward.
C) demand curve shifts rightward.
D) supply curve shifts leftward.
E) Both answers B and D are correct.
D
Economics
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Which of the following is considered a "third party" within the medical services industry?
A) the patient B) the private insurance company C) the for-profit hospital D) the medical provider, i.e., physician
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The slowdown in the growth of real wages in the United States since 1973 is consistent with a concurrent:
A. slowdown in productivity gains. B. slowdown in the growth of the working age population. C. speedup in the rate of inflation. D. slowdown in immigration into the country.
Economics