Susie wins $2 million in her state's lottery. If Susie keeps working after she wins the money, we can infer that the income effect is larger than the substitution effect for her

If wages a firm pays it workers increase, then

A) the firm's long-run average cost curve shifts upward. B) the firm moves rightward along its long-run average cost curve to where it has diseconomies of scale. C) the firm's long-run average cost curve does not shift and there is no movement along the long-run average cost curve. D) the firm moves rightward along its long-run average cost curve but not necessarily to where it has diseconomies of scale.

Inflation leads to bracket creep, which forces taxpayers to pay a larger percentage of their income in taxes, when

(a) Changes in the real purchasing power of their income do not keep pace with inflation. (b) Changes in the real purchasing power of their income keep pace with inflation. (c) Income tax codes change quickly as inflation emerges, impacting real purchasing power. (d) Income tax codes increase without taxpayer knowledge, forcing them to pay higher taxes than anticipated.