One part of the supply-side argument is that

A) lower marginal tax rates are required to induce Congress to reduce government spending.
B) lower marginal tax rates can increase total tax revenues.
C) the marginal tax rate should be set at 50 percent.
D) the relevant aggregate supply curve is close to horizontal.

B

Economics

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Refer to Figure 18.2. In autarky, the maximum amount of fishing poles that Macadamia can produce is

A) 40. B) 100. C) 120. D) 160.

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Barter eliminates the double coincidence of wants

Indicate whether the statement is true or false

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