Supply-side policy is based on the assumption that people's economic behavior is not affected by taxes
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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An increase in the demand for labor means that
A) the demand for labor increases as a result of an increase in the real wage rate. B) the demand for labor increases at any real wage rate. C) the supply of labor must also be increasing. D) the demand for labor increases as a result of a decrease in the real wage rate.
Economics
________ earned the highest amount of income among the factors of production in the United States
A) Labor B) Capital C) Land D) Entrepreneurship E) Investment
Economics