A decrease in the income tax rate O a. increases the tax wedge. O b. decreases potential GDP. Oc. decreases the demand for labor. O d. increases the supply of labor.
A decrease in the income tax rate O a. increases the tax wedge. O b. decreases potential GDP. Oc. decreases the demand for labor. O d. increases the supply of labor.
Chapter1: Making Economics Decisions
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Economics
Transcribed Image Text:ion 17
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dout of 1
A decrease in the income tax rate
O a. increases the tax wedge.
O b.
decreases potential GDP.
c.
decreases the demand for labor.
O d. increases the supply of labor.
Clear my choice
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