Which of the following beneficial supply- side effects is not claimed to occur following cuts in the marginal rate of income tax?
A) Employment rises
B) Both equilibrium and disequilibrium unemployment fall even when wage rates are inflexible downwards
C) More people wish to work
D) None of the above
Correct Answer:
Verified
Q4: According to supply- side economists, as tax
Q5: Tax breaks designed to encourage investment in
Q6: A supply- side policy such as _is
Q7: What effect will a successful supply- side
Q8: Reducing the level of government expenditure, while
Q10: What effect will a successful supply- side
Q11: An increase in the level of benefit
Q12: Which of the following statements supports deregulation
Q13: The Private Finance Initiative uses_to deliver public
Q14: Which of the following describes indicative planning?
A)
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