A candidate is running for public office and has made a pledge to cut taxes. His aides have told him that studies have shown that the substitution effect dominates the income effect along the labor supply curve. If this is true does this support the candidate's position on cutting taxes if his goal is to increase tax revenue? Explain.

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The Answer of A candidate is running for public office and has made a pledge to cut taxes. His aides have told him that studies have shown that the substitution effect dominates the income effect along the labor supply curve. If this is true does this support the candidate's position on cutting taxes if his goal is to increase tax revenue? Explain.

A Candidate Is Running for Public Office and Has Made