The Greater the Tax Wedge, The--------------------the Amount of Employment and The--------------------
The greater the tax wedge, the--------------------the amount of employment and the-------------------- potential GDP..
A) larger; smaller
B) larger; larger
C) smaller; smaller
D) smaller; larger
E) None of the above because the tax wedge does not effect employment or potential GDP.
Correct Answer:
Verified
Q1: If tax revenues are $230 billion and
Q3: A reason why discretionary fiscal policy might
Q4: Increasing the income tax rate--------------------the--------------------
A)decreases; supply of
Q5: Q6: The national debt is the amount Q7: The standard view in economics is that Q8: The national debt can only be reduced Q9: Discretionary fiscal policy is handicapped by Q10: If the government uses fiscal policy to Q11: 
A)by which
A)law-making time
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