When the monopsony model is combined with the inclusive union model the result is a case of:

According to the AK growth model, taxes on corporate income and capital gains ________ the incentive for firms to accumulate capital and ________ the steady-state growth rate

A) increase; increase B) reduce; reduce C) increase; do not change D) reduce; do not change

In the short run, the impact of a $50 billion spending package on GDP will be

a. greater than $50 billion because of the multiplier effect b. less than $50 billion because of the tax code c. greater than $50 billion because of the tax code d. exactly $50 billion e. greater than $50 billion because of crowding out