A change in the money wage rate shifts
A) both the SAS and LAS curves.
B) the LAS curve but not the SAS curve.
C) the SAS curve but not the LAS curve.
D) neither the SAS nor the LAS curve.
C
Economics
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Which figure above shows the effect if research is published claiming that eating pizza is healthy?
A) Figure A B) Figure B C) Figure C D) Figure D E) Both Figure A and Figure D
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A progressive tax means the percentage of income paid as taxes:
a. increases as income increases. b. decreases as income increases. c. remains the same as income increases. d. none of these.
Economics