A decrease in marginal tax rates will cause ________ in investment and a ________ shift in AS.
A) an increase;rightward
B) a decrease;rightward
C) an increase;leftward
Correct Answer:
Verified
Q47: Which of the following policies is a
Q48: A reduction in marginal tax rates will
Q49: A progressive tax system
A)Means higher marginal tax
Q50: Which of the following policies is a
Q51: If the absolute value of the tax
Q53: It is likely that people will work
Q54: A decrease in marginal tax rates will
Q55: A tax rebate
A)Has the same impact as
Q56: A decrease in the marginal tax rates
Q57: Supply-siders believe that
A)Tax rebates shift the Phillips
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