According to supply-side economists, lowering corporate income taxes
a. results in higher wages without creating higher levels of labor productivity
b. creates greater income equality
c. checks the expansion of real GDP and employment
d. stimulates investment and spurs on economic growth
e. is a disincentive to producers who rely on tax credit for investment
D
Economics
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During recessions, economics majors earn about 35 percent more than the typical college graduate
Indicate whether the statement is true or false
Economics
Which of the following can be classified as a highly specific asset?
a. A country's soldiers b. A wind turbine in an installation that produces "renewable" electricity c. A cattle farm d. A cruise ship
Economics