When the government cuts the income tax rate, the real wage rate paid by employers ________ and the real wage rate received by workers ________ and potential GDP ________
A) increases; increases; increases
B) decreases; decreases; increases
C) increases; decreases; increases
D) decreases; increases; decreases
E) decreases; increases; increases
E
Economics
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Technological improvements in coal mining will
A) increase the price of coal. B) decrease the price of coal. C) increase the interest rate. D) decrease the interest rate.
Economics
A conservative philosophy of land distribution would not support which of the following?
a. High minimum acreage rules for people buying land b. High minimum prices for land c. Credit payments for the land
Economics