If DI falls by $100 billion, and C falls by $90 billion, the slope of the consumption is

In the labor market, the income tax creates a tax wedge which raises the ________ wage rate, reduces the ________ wage rate, and ________ employment

A) after-tax; before-tax; does not affect. B) before-tax; after-tax; does not affect C) before-tax; after-tax; increases D) before-tax; after-tax; decreases E) after-tax; before-tax; decreases

External costs are those costs:

A. that are both social costs and private costs. B. that fall directly on an economic decision maker. C. that fall indirectly on an economic decision maker. D. that are imposed without compensation on someone other than the person who caused them.