Proponents of supply side economics maintain that a decrease in tax rates may result in all of the following except
a. a leftward shift in the aggregate supply curve
b. improving incentives to save and invest
c. improving incentives to work
d. increased tax revenues of government.
a. a leftward shift in the aggregate supply curve
Political Science
You might also like to view...
Burning fossil fuels is the cause of global warming
Indicate whether the statement is true or false.
Political Science
A common phrase associated with resistance to British tax policy was, “No taxation without representation!” With this, colonists truly meant ______.
a. taxation should be controlled by colonial legislatures b. they wanted to send representatives to Parliament in Westminster c. the king should answer their grievances before imposing taxes d. the state has no authority to tax its subjects/citizens
Political Science