According to real business cycle theory an increase in taxes

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Question:
According to real business cycle theory an increase in taxes

1.Would significantly reduce labor supply, increase employment, and decrease output

2.A decline in employment but not in output

3.Would significantly reduce labor supply, decrease employment, and decrease output

4.No change in output and employment

Posted Date:-2021-11-06 10:31:17

More MCQS Questions and answers

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