Increasing the income tax rate ________ the before-tax real wage rate and ________ the after-tax real wage rate
A) lowers; raises
B) raises; raises
C) does not change; raises
D) raises; lowers
E) lowers; lowers
D
Economics
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"Hawks" are economists who argue that:
a) the goal of full employment should take priority over the goal of low inflation. b) greater central bank action is needed in times of economic hardship. c) too much monetary policy can have inflationary effects. d) the Federal Reserve should be abolished.
Economics
Slope is measured as rise/run
a. True b. False Indicate whether the statement is true or false
Economics