Supply-side economists argue that decreasing marginal tax rates
A) increases productivity and shifts the AS curve to the right.
B) increases productivity and shifts the AS curve to the left.
C) increases productivity and shifts the AD curve to the left.
D) due to the Ricardian equivalence, has no impact on the economy.
A
Economics
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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
Economics
In the above table, saving is positive when real disposable income is greater than
A. $100. B. $300. C. $500. D. zero.
Economics