An increase in the price of good X causes the demand curve for good Y to shift to the left. We know then that

Evaluate the overall tax incidence of state and local taxes in contrast with federal taxes. In addition, what can be concluded about the overall tax system?

What will be an ideal response?

In the steady state of Solow's exogenous growth model, an increase in total factor productivity

A) increases output per worker and increases capital per worker. B) increases output per worker and decreases capital per worker. C) decreases output per worker and increases capital per worker. D) decreases output per worker and decreases capital per worker.