A proponent of supply-side economics would advocate
a. increasing income taxes on saving.
b. reducing corporate income tax.
c. increasing capital gains tax.
d. increasing personal income tax.
b
Economics
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Because each firm has a relatively large share of the market, the actions of one firm do not have much effect on the decision making of other firms in an oligopolistic market
Indicate whether the statement is true or false
Economics
When opportunity costs rise as more of a good is consumed, the production possibilities frontier will be concave (bowed out) with respect to the origin
a. True b. False
Economics