An increase in the income tax rates:
a. makes the labor supply curve more inelastic.
b. increases the opportunity cost of leisure.
c. lowers the opportunity cost of leisure.
d. shifts the labor supply curve to the right.
e. shifts the labor demand curve to the right.
c
Economics
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The expectations theory suggests that
A) the yield curve should usually be upward-sloping. B) the yield curve should usually be downward-sloping. C) the slope of the yield curve depends on the expected future path of short-term rates. D) the slope of the yield curve reflects the risk premium incorporated into the yields on long-term bonds.
Economics
The expectation that increased employment improves one's chances of escaping poverty is fully supported by available data
Indicate whether the statement is true or false
Economics