The abolition of income tax would probably ______ the number of workers in employment and _______ the equilibrium rate of unemployment?

Related Mcqs:

The measured unemployment rate can be pushed below the natural rate, but ?

A. only in the short run, and not without inflation B. only in the long run and not without inflation C. only is the short run and only if the price level is constant D. only in the long run and only if the price level is constant...

In the events of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely ?

A. fall B. increase C. remain the same D. fluctuates...

According to the classical economists, those who are not working ?

A. have chosen not to work at the market wage B. have given up looking for a job but would accept a job at the current wage if one were offered to them. C. are too productive to be hired at the current wage D. are unable to find a job at the current wage … According to the classical economists, those who are not working ?Read More...

In the long run, the Phillips curve will be vertical at the natural rate of unemployment if ?

A. the long-run aggregate demand curve is horizontal at the natural rate of inflation B. the long run aggregate demand curve is vertical at potential GDP C. the long run aggregate demand curve is vertical at potential GDP D. The long run supply curve is horizontal at the natural rate of inflation...

At the intersection of AD and AS equilibrium is achieved in ?

A. the goods market B. the money markets C. the labor markets D. all of these...