Figure 7-5
-In the figure above, from an initial long-run equilibrium the net tax rate rises with no initial change in the nominal wage. We would show this as a movement from points
A) A to B.
B) A to F.
C) B to E.
D) E to B.
E) E to F.

Question

Figure 7-5 
-In the figure above, from an initial long-run equilibrium the net tax rate rises with no initial change in the nominal wage. We would show this as a movement from points
A) A to B. 
B) A to F. 
C) B to E. 
D) E to B. 
E) E to F.

Quizplus · Accepted Answer

The Answer of Figure 7-5 
-In the figure above, from an initial long-run equilibrium the net tax rate rises with no initial change in the nominal wage. We would show this as a movement from points
A) A to B. 
B) A to F. 
C) B to E. 
D) E to B. 
E) E to F.

Figure 7-5 -In the Figure Above, from an Initial Long-Run Equilibrium the Long-Run