Economists dismiss the idea that lower tax rates can lead to higher tax revenue, because there is a consensus that the relevant elasticities of demand and supply are very low

If expected inflation were 5%, and the real interest rate was 3%, what sector would be worse off if the actual inflation rate turned out to be 2%

a. Businesses. b. Laborers. c. Both. d. None.

What potential conflict exists between attracting foreign capital and policies aimed at economic recovery?

What will be an ideal response?