A study by Edward Prescott found that the ________ marginal tax rates in the United States relative to Europe resulted in a ________ quantity of labor supplied in the United States
A) higher; smaller B) lower; smaller C) lower; larger D) higher; larger
C
Economics
You might also like to view...
Refer to the above table. It may be concluded that
A) Mexico has a comparative advantage in computer production. B) Mexico has a comparative advantage in bicycle production. C) The United States has a comparative advantage in producing both goods. D) The United States has a comparative advantage in producing neither good.
Economics
The Social Security tax is an example of an automatic stabilizer
Indicate whether the statement is true or false
Economics