Depending on the size of the multiplier and crowding-out effects, the rightward shift in aggregate demand from a tax cut could be larger or smaller than the tax cut

If there is a shortage of farm laborers, we would expect

a. the wage of farm laborers to increase. b. the wage of farm laborers to decrease. c. the price of farm commodities to decrease. d. a decrease in the demand for substitutes for farm labor.

Increases in both human capital per worker and physical capital per worker increase productivity

a. True b. False Indicate whether the statement is true or false