Supply-side policy suggests that if we _______ taxes of workers, the _________ labor will increase, causing equilibrium wages to ________.

A. raise, supply of, decrease
B. cut, supply of, increase
C. raise, demand for, increase
D. cut, supply of, decrease

Answer: D

Economics

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Which of the following would likely be the most effective possible solution when a scarce resource is subject to the tragedy of the commons?

A) offer subsidies to the users of the commons B) restrict access to the commons through community norms and laws C) persuade people to use less of the scarce resource through an advertising campaign D) force people to move a great distance away from the commons

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