Supply-side policy suggests that if we _______ taxes of workers, the _________ labor will increase, causing equilibrium wages to ________
a. raise, supply of, decrease
b. cut, supply of, increase
c. raise, demand for, increase
d. cut, supply of, decrease
d
Economics
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Fill in the blank: According to the text a commercial society cannot develop successfully in the absence of ________
A) the rule of law B) low interest rates C) central economic planning D) massive government works projects E) perfect and complete information
Economics
Which of the following statements is TRUE?
A) The long-run aggregate supply curve is upward sloping. B) The long-run aggregate demand curve is upward sloping. C) The short-run aggregate supply curve is vertical. D) The long-run aggregate supply curve is vertical.
Economics