If the federal government tries to make fiscal policy sustainable by increasing taxes on capital income, the after-tax return to capital goods will ________ and will result in ________ potential GDP
A) increase; lower
B) decrease; higher
C) decrease; lower
D) increase; higher
C
Economics
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Which act of Congress extended the government's authority to block horizontal and vertical mergers?
a. the Clayton Act b. the Sherman Antitrust Act c. the Wheeler-Lea Act d. the Celler-Kefauver Anti-Merger Act e. the Herfindahl-Hirschmann Act
Economics
A production function specifies the relation between ____________ and the ___________ to ____________________
A) technology; output; Real GDP B) technology; the factor inputs; Real GDP C) price; quantity; Real GDP D) Real GDP; the factor inputs; the price level
Economics