Economists believe that lower taxes should reduce unemployment because:
A) people have more incentive to find a job, knowing they will keep more of the income they earn from the job when taxes are low.
B) people will not want to miss out on the opportunity to keep more of the income they earn when taxes are lower, so they will have an incentive to keep their job and not quit.
C) people have more incentive to be productive if the money they earn is not being taxed as much when taxes are low.
D) None of these is true.
Correct Answer:
Verified
Q108: Unemployment insurance could affect unemployment by:
A) increasing
Q121: Policies that make it more difficult to
Q122: Giving people income through unemployment insurance:
A) allows
Q123: Unemployment insurance is:
A) offered by companies as
Q124: Unemployment insurance:
A) varies widely across countries.
B) has
Q125: Policies that make it more difficult to
Q127: We would expect, all else equal, that:
A)
Q128: Unemployment insurance is:
A) money that is paid
Q129: The magnitude of the impact taxes have
Q131: Unemployment insurance:
A) is an explanation for why
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents