An investment tax credit, which would lower taxes for firms that invested in new capital equipment, would shift the long-run aggregate supply curve to the right over time

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

Refer to Figure 5-3. With insurance and a third-party payer system, what price do consumers pay for medical services?

A) $40 B) $55 C) $65 D) > $65

Economics

If the government uses tax money to pay for long-term investments such as roads or other infrastructure, what happens to the economy?

(A) Taxes decrease (B) Investment decreases (C) Investment increases (D) Taxes increase

Economics